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Share Name Share Symbol Market Type Share ISIN Share Description
Aveva Group Plc LSE:AVV London Ordinary Share GB00BBG9VN75 ORD 3 5/9P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  6.00 0.19% 3,182.00 3,181.00 3,182.00 3,182.00 3,176.00 3,176.00 964,567 14:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 1,185.3 -18.6 -20.8 - 9,583

Aveva Share Discussion Threads

Showing 876 to 894 of 1125 messages
Chat Pages: 45  44  43  42  41  40  39  38  37  36  35  34  Older
DateSubjectAuthorDiscuss
05/9/2017
06:48
40% of a bigger business is probably worth the current share price. Add on 1000p in cash component and you get to 3000p. Should hit 2600 today imo
dealy
05/9/2017
06:10
Reverse takeover of Aveva. Should be an interesting day.
broadwood
04/9/2017
23:31
NO BUT TUESDAY MORNING SHOULD TELL ALL
ariane
04/9/2017
23:24
Interesting. Any prediction on share price if deal is announced?
dealy
04/9/2017
23:14
France's Schneider Electric SE is in advanced talks to take control of British engineering software provider Aveva Group PLC, according to people familiar with the matter, after previous talks to merge their software operations collapsed over terms.

The current deal calls for Schneider, a global industrial giant, to fold its software assets into Aveva's operations and pay the U.K. company more than GBP500 million ($646.4 million) in exchange for a controlling stake in the combined entity, in a so-called reverse takeover, according to the people familiar with the matter.

Aveva, with a current market value of about GBP1.2 billion, would maintain its stock listing on the London Stock Exchange and remain headquartered in Cambridge, the people said. A deal could be announced as soon as Tuesday.

Sky News first reported the planned tie-up.

The combination would create a larger industrial software provider, offering opportunity to cut costs, and access new customers by providing a broader range of products. Schneider has already targeted U.K. software companies in the past to bolster its industrial software business. In 2013, it agreed to acquire Invensys PLC for GBP3.31 billion to better compete against rivals such as Siemens AG, Mitsubishi Electric Corp. and Rockwell Automation Inc.

Spun out of Cambridge University in 1967, Aveva provides engineering software to owners, operators and engineering contractors that operate in the power, oil and gas, marine and paper and pulp sectors among others. It employs more than 1,700 people across 30 countries.

The deal comes at a time when the company is trying to reduce it reliance on the slowing oil and gas and marine markets. For the year ended March 31, Aveva grew revenue by 7% to GBP215.8 million from the prior year, benefiting in part from currency moves. Discounting that, revenue was down 3.8%.

Schneider's software is used to help manage manufacturing processes, design tools and train plant crews. It services an array of industries ranging from transportation to food and beverages.

The planned transaction is similar to the structure of the companies' previous attempt to merge their industrial software businesses back in July 2015. Then Schneider had agreed to combine its software assets with those of Aveva and pay GBP550 million in exchange for a 53.5% stake in the enlarged group. However, the deal collapsed after the two sides couldn't agree on final terms.

Write to Ben Dummett at ben.dummett@wsj.com and Nick Kostov at Nick.Kostov@wsj.com



(END) Dow Jones Newswires

September 04, 2017 18:03 ET (22:03 GMT)

ariane
24/7/2017
14:58
FT alvaville speculated about another Schneider bid a few weeks ago as well. Been adding on the dips since. Credit Suisse just upgraded on Friday so plenty of support
blue meaning
23/7/2017
23:32
Can't believe Schneider are "circling" again, and there's hardly a ripple in the share price and hardly a murmur on this board. Surely turning into a case of believing half of what you see and none of what you hear with AVV? Sold my holdings 6 months ago and have done okay elsewhere.
ruethewhirl
22/7/2017
14:22
Thanks for posting that. It seems to be a rumour that keeps doing the rounds:

June 14th - hTtp://sharecast.com/news/ftse-250-movers-aveva-up-on-report-of-schneider-interest-acacia-in-the-news-again/26063938.html

July 10th - http://www.standard.co.uk/business/market-report-aveva-in-city-s-spotlight-as-french-eye-return-to-table-a3584156.html

If there was any truth in it I would have thought that AVV would be obliged to issue a statement.

sharw
21/7/2017
12:38
hxxp://wallstreetwires.com/aveva-avv-l-schneider-electric-twice-three-times-deal/
tonysss13
07/7/2017
06:27
- AVEVA Group's full-year outlook remains in line with the board's forecasts, shareholders at today's annual general meeting will be told.

An update ahead of the meeting said: "Since the announcement of the FY 2017 results on 23 May 2017, the group has made a solid start to the financial year and there has not been any noticeable change in the trends reported at that time.

"We expect the phasing of revenue in FY 2018 to be broadly similar to the prior year.

"The group maintains a strong balance sheet and saw good cash generation in the first quarter, resulting in net cash of £152 million at 30 June 2017."
- AVEVA Group's full-year outlook remains in line with the board's forecasts, shareholders at today's annual general meeting will be told. An update ahead of the meeting said: "Since the announcement of the FY 2017 results on 23 May 2017, the group has made a solid start to the financial year and there has not been any noticeable change in the trends reported at that time. "We expect the phasing of revenue in FY 2018 to be broadly similar to the prior year. "The group maintains a strong balance sheet and saw good cash generation in the first quarter, resulting in net cash of £152 million at 30 June 2017."

broadwood
23/5/2017
19:23
Numis forecast eps 66.8 and div 40p and that is exactly what we got so I'm not sure why the market knocked the price back 4.8%.

Good presentation at hTtp://edge.media-server.com/m/p/vv5ezyy5

Happy to hold - when the highly cyclical marine market improves this may take off again but in the meanwhile they have some impressive gains in N America and in markets other than the core oil and gas and marine.

sharw
19/4/2017
06:45
AVEVA Group saw a return to growth in both revenue and profit in the year to the end of March, assisted by positive currency translation effects.

The group said the board anticipated that the results would be broadly in line with market expectations and that cash generation would be ahead of expectations with the group closing the year with cash of approximately £130m.

AVEVA will announce its results for the financial year on 23 May.

broadwood
28/10/2016
02:57
Interim results Nov 8
ruethewhirl
08/9/2016
08:00
Surprised there wasn't more of a pop after the HP / Micro Focus deal announcement.
ruethewhirl
12/8/2016
08:54
Another approach around now would be manna from heaven on top of the recent gains.

Could push us to all time highs.

ruethewhirl
05/8/2016
11:02
It's pay day today!
sharw
17/7/2016
20:40
Now that Long Johns is out of the way, will the Schneider tie up be back on, or will that only be in play from Jan onward?

Be nice to have some transparency.

ruethewhirl
08/7/2016
12:37
That's more like it. US jobs figures helping.
broadwood
08/7/2016
08:59
Broadwood,

Hey it's a Friday ffs

ruethewhirl
Chat Pages: 45  44  43  42  41  40  39  38  37  36  35  34  Older
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