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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
  3.00 2.01% 152.40 150.00 152.70 152.68 149.18 150.10 995,993 16:40:00

Aveva Close to GBP30/Share Takeover by Schneider Electric, Sky Reports

13/09/2022 7:09am

Dow Jones News


Schneider Electric (EU:SU)
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--Aveva Group PLC is close to agreeing to a 30 pound ($35.05) a share takeover by French energy management and automation group Schneider Electric SE, Sky News reports, citing unnamed sources.

--The two companies are expected to close the deal--which would value Aveva at GBP9.06 billion--for Schneider to buy the shares of Aveva that it doesn't already own by the Sept. 21 Takeover Panel deadline, Sky reports.

 

Full story: https://bit.ly/3B8vknT

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

September 13, 2022 01:54 ET (05:54 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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