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SU Schneider Electric SE

212.65
3.50 (1.67%)
24 Apr 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
  3.50 1.67% 212.65 212.00 215.00 215.50 208.30 209.60 1,110,405 16:40:00

Schneider Electric to Invest EUR500 Million in Startups

03/10/2019 5:18pm

Dow Jones News


Schneider Electric (EU:SU)
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From Apr 2019 to Apr 2024

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   By Kim Richters 
 

France's Schneider Electric SE (SU.FR) said Thursday that it plans to invest 500 million euros ($547 million) in startups over the next five years.

Schneider hopes to "remain at the forefront of technology" and strengthen its business by investing in and collaborating with startups, said Emmanuel Lagarrigue, the electrical-equipment provider's chief innovation officer.

The company didn't define in which country or industry potential investments could happen.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

October 03, 2019 12:03 ET (16:03 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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