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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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18 Feb 2022 10:19

Berenberg restarts coverage on Aveva at 'buy'

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18 Feb 2022 09:41

LONDON BROKER RATINGS: Berenberg says buy Aveva, Deutsche says hold

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18 Feb 2022 08:22

LONDON BRIEFING: NatWest sets out plans for "embarrassment of riches"

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17 Feb 2022 09:00

TOP NEWS: Aveva backs full-year revenue outlook; shuffles board

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17 Feb 2022 07:56

Aveva reports solid growth and targets pick-up

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10 Feb 2022 16:09

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AVV.L Share News (AVV)

IN BRIEF: Schneider Electric completes Aveva takeover

LONDON BROKER RATINGS: Stifel prefers AstraZeneca over GlaxoSmithKline

LONDON BRIEFING: BP keeps guidance intake despite Rosneft exit hit

Berenberg restarts coverage on Aveva at 'buy'

LONDON BROKER RATINGS: Berenberg says buy Aveva, Deutsche says hold

LONDON BRIEFING: NatWest sets out plans for "embarrassment of riches"

TOP NEWS: Aveva backs full-year revenue outlook; shuffles board

Aveva reports solid growth and targets pick-up

LONDON MARKET PRE-OPEN: Reckitt tops consensus and flu season "strong"

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