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IN BRIEF: Schneider Electric completes Aveva takeover

Wed, 18th Jan 2023 12:44

Schneider Electric SE - Rueil-Malmaison, France-based energy management company - Completes takeover of Aveva Group PLC, a Cambridge, England-based industrial software firm. In November, Schneider Electric made a cash offer for the 41% of Aveva shares it didn't already own. Schneider Electric offered 3,225 pence in cash for each Aveva share, valuing the industrial software firm's equity at GBP9.86 billion.

Current stock price: EUR147.60

12-month change: down 7.7%

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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7 Jul 2021 15:38

IN BRIEF: Aveva CFO sells GBP120,000 in shares after options exercise

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1 Jul 2021 08:12

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LONDON MARKET PRE-OPEN: JD Sports to split CEO and chair role

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UK shareholder meetings calendar - next 7 days

25 Jun 2021 17:30

HSBC upgrades Aveva ahead of Capital Markets Day

(Sharecast News) - Analysts at HSBC upgraded their recommendation for shares Aveva ahead of the software maker's 1 July Capital Markets Day, its new chief executive officer's first.

25 Jun 2021 09:31

BROKER RATINGS: Credit Suisse raises WPP; HSBC ups Aveva to Buy

2 Jun 2021 15:05

DIRECTOR DEALINGS: New Aveva CEO buys; DWF partner director sells

27 May 2021 09:32

BROKER RATINGS: Barclays raises Aveva; HSBC says Buy Severn Trent

27 May 2021 08:45

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AVV.L Share News (AVV)

IN BRIEF: Schneider Electric completes Aveva takeover

IN BRIEF: Aveva CFO sells GBP120,000 in shares after options exercise

Director dealings: Aveva deputy CEO ups stake

BROKER RATINGS: Berenberg says buy Shaftesbury, Capital & Counties

UK dividends calendar - next 7 days

LONDON MARKET MIDDAY: Stocks rise buoyed by robust PMI readings

TOP NEWS: Aveva shares rise as it builds trading momentum in new year

LONDON MARKET OPEN: Aveva rises on positive trading, growth targets

Aveva reports good trading, sets 10% annual growth target

LONDON MARKET PRE-OPEN: JD Sports to split CEO and chair role

UK shareholder meetings calendar - next 7 days

HSBC upgrades Aveva ahead of Capital Markets Day

BROKER RATINGS: Credit Suisse raises WPP; HSBC ups Aveva to Buy

DIRECTOR DEALINGS: New Aveva CEO buys; DWF partner director sells

BROKER RATINGS: Barclays raises Aveva; HSBC says Buy Severn Trent

LONDON MARKET OPEN: Stocks muted but more M&A spark in London

Latest Share Chat

AVV.L Share News (AVV)

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