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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 211.40 | 212.70 | 210.00 | 0.00 | 06:50:16 |
From Apr 2019 to Apr 2024
By Cristina Roca
Schneider Electric SE (SU.FR) said Thursday that Vinci Energies has agreed to buy its Converse Energy Projects business.
The German company said Converse, which specializes in energy distribution projects in Germany, will be sold to the Vinci SA-owned company for an undisclosed sum.
The deal is in line with Schneider's plan to optimize its portfolio and focus on its core energy-management and industrial-automation activities, the company said.
The transaction should close in the coming weeks, Scheider said.
Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca
(END) Dow Jones Newswires
December 05, 2019 12:40 ET (17:40 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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