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“The interim dividend will be paid to all shareholders prior to the settlement of the Offer and will allow Marcel to finance its purchase of SUSE shares under the Offer and certain transaction costs incurred by it.”

SUSEsuse.com ↗

EQT already owns about 79% of SUSE and offers €16 a share for the rest, a 67% premium over the €9.605 close. Read the mechanics. SUSE pays a dividend funded with up to €500 million in new loans, and that dividend is what lets EQT buy the shares. The offer price is €16 minus that dividend. SUSE borrows the money to buy itself for its private equity owner, and calls it focusing on operational priorities.