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SU Schneider Electric SE

216.30
2.80 (1.31%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Schneider Electric SE EU:SU Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.80 1.31% 216.30 215.00 218.00 217.55 213.80 214.60 484,989 16:40:00

Atos to Sell EcoAct to Schneider Electric in Last Move of Divestment Plan

03/07/2023 7:47am

Dow Jones News


Schneider Electric (EU:SU)
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   By David Sachs 
 

Atos said Monday that it is in talks with Schneider Electric to sell EcoAct and its subsidiaries for an undisclosed sum.

The French computer and information technology company said it aims to sell 100% of its climate consultancy to the French energy and digital automation company to complete its divestment plan.

EcoAct generated around 70 million euros ($76.4 million) in its 2022 fiscal year and currently employs about 400 people, Atos said.

The transaction is subject to regulatory approval and is expected to close in the second half of the year, Atos said.

 

Write to David Sachs at david.sachs@wsj.com

 

(END) Dow Jones Newswires

July 03, 2023 02:32 ET (06:32 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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