Actually, nothing has changed about Cloudeeva. S&T possibly lost out on the deal.
Personally, I felt that Cloudeeva was paying too much @EU 3.30 per share in the offering. Cloudeeva probably was getting a raw deal and probably realized that from the due diligence.
I feel that Cloudeeva should offer no more than @EU 1.50 per S&T share. The S&T share price was possibly manipulated by Grosso Holdings and Austro Holdings for their own gain and the insiders namely Dr. Grossnig and Hannes Niederhauser.
In a few weeks, S&T share should crash badly, very badly and Cloudeeva can buy the same directly from the open market instead of the whole song and dance.
S&T AG has been desperate for a buyer and has been rejected several times. I doubt S&T will find a buyer even in the next couple of years. S&T is a pretty screwed up company and practically has no cash.