Asetek, the company that invented the closed-loop liquid cooler for CPUs, has received an offer it can't refuse from CQXA Holdings, a subsidiary of Chinese electronic group Suzhou Chunqi, to fully take over the company.
If successful, CQXA would pay 1.72 Danish Krone (around $0.27) per share to make up a total of 547.4 million Danish Krone ($85 million). When this was announced on November 25, 2025, shares from Asetek were valued at 0.82 Danish Krone, which means this offer represents a 110% increase on the price of shares alone.
