Aveva Close to GBP30/Share Takeover by Schneider Electric, Sky Reports
13 September 2022 - 08:09AM
Dow Jones News
--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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