--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)

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