AVV.L Share News (AVV)

UK earnings, trading statements calendar - next 7 days

TOP NEWS: Aveva sets meetings for takeover by Schneider Electric

(Alliance News) - Aveva Group PLC on Tuesday said it set court and general meetings for November 17 to approve its takeover by majority owner Schneider Electric SE.

Half-year revenues ease at Aveva

(Sharecast News) - Aveva Group saw first-half revenues ease while costs ticked higher, the UK software developer said on Tuesday.

LONDON BRIEFING: Bellway revenue rises; Panmure sizes up finnCap

(Alliance News) - London's FTSE 100 index was set to open higher on Tuesday, extending gains from Monday as a the dark cloud from last month's UK mini-budget appears to have cleared from equity markets.

LONDON BROKER RATINGS: HSBC lifts Fevertree; Jefferies likes Balfour

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Global dealmaking plunges as financing market hits rock bottom

M&A activity down 54% in third quarter

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IN BRIEF: Schneider Electric, Aveva, Shell to team up on net-zero

Schneider Electric SE - Paris-based energy management company - Will partner with UK industrial software firm Aveva Group PLC and oil-major Shell PLC for global net-zero transition in hard-to-abate sectors. Hard-to-abate sectors are those for which energy transition is less straightforward, such as heavy industry. Says collaboration will begin with focus on cement sector, aiming for 15% emissions reduction. Schneider and Aveva will contribute "contribute integrated digital engineering, operational process, and energy optimization technologies" to the collaboration. Shell will bring end-to-end sustainable energy supply solutions, global project engineering skills, as well as its large renewable portfolio.

LONDON BROKER RATINGS: Berenberg likes OSB; JPMorgan cuts BP

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

LONDON BROKER RATINGS: Berenberg cuts Aveva to 'hold' from 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Berenberg downgrades Aveva to 'hold'

(Sharecast News) - Analysts at Berenberg downgraded software firm Aveva from 'buy' to 'hold' on Thursday as it noted Schneider's bid for the company will likely be accepted.

LONDON BRIEFING: Lower call; JD Sports suffers interim profit fall

(Alliance News) - Stocks in London are set to open lower on Thursday, ahead of a major interest rate decision by the Bank of England and a day after the US Federal Reserve settled for another three-quarter-point rate hike.

LONDON MARKET CLOSE: Stocks regain poise ahead of central bank fever

(Alliance News) - Stock prices in Europe defied geopolitical worries and pre-central bank nerves to push higher on Wednesday, though the same could not be said for a beleaguered pound, which almost fell below the USD1.13 mark.

LONDON MARKET MIDDAY: Stocks higher; pound weaker ahead of Fed hike

(Alliance News) - Stock prices in London were mostly higher at midday on Wednesday, while the pound was back near a 40-year low against the dollar, as the interest rate decision by the US Federal Reserve edged closer.

TOP NEWS SUMMARY: Power firm Uniper to be nationalised by Germany

(Alliance News) - The following is a summary of top news stories Wednesday.

France's Schneider to buy rest of Aveva in $11 billion deal

PARIS/LONDON, Sept 21 (Reuters) - French industrial group Schneider Electric said it would proceed with a full takeover of British software company Aveva Plc, offering 31 pounds per share in a deal valuing the whole of Aveva at around 9.48 billion pounds ($10.8 billion).