AVV.L Share News (AVV)

IN BRIEF: Schneider Electric completes Aveva takeover

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.

IN BRIEF: Aveva shares suspended on Wednesday amid Schneider deal

Aveva Group PLC - Cambridge, England-based industrial software firm - Says final day of dealings of shares to be on Tuesday as takeover by Schneider Electric SE sanctioned by court. Takeover will come to effect once court order is delivered to Registrar of Companies for England & Wales. This is expected to occur on Wednesday. Shares will be suspended on Wednesday before subsequent cancellation.

LONDON BROKER RATINGS: Bernstein cuts Aveva to 'market-perform'

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

LONDON BRIEFING: Bright start to 2023 for FTSE 100 set to continue

(Alliance News) - Stocks in London are set to open higher on Wednesday, continuing a decent start to the new year and for now overlooking recessionary fears which are hanging over markets.

LONDON MARKET CLOSE: Stocks down in anticipation of FOMC decision

(Alliance News) - Stock prices in London closed lower on Wednesday as investors await the US Federal Reserve's latest interest rate decision before the Bank of England and the ECB make their respective decisions on Thursday.

CORRECT: Aveva takeover by Schneider Electric clears conditions

(Corrects that Schneider Electric increased its cash offer in November, not early December.)

TOP NEWS: Aveva takeover by Schneider Electric clears conditions

(Alliance News) - Aveva Group PLC on Wednesday said its planned takeover by Ascot Acquisition Holdings Ltd, an indirect subsidiary of French energy management company Schneider Electric SE, satisfied all regulatory conditions.

Aveva says its takeover by Schneider Electric has received clearance

(Alliance News) - Aveva Group PLC on Tuesday said that the Secretary of State for Business, Energy & Industrial Strategy has decided no further action needs to be taken for its takeover by Schneider Electric SE.

UK dividends calendar - next 7 days

LONDON MARKET CLOSE: Stocks up following central bank-focused week

(Alliance News) - Stocks in London were up on a quiet Friday, with the FTSE 100 finishing the past five days higher following an important week for investor insight into central banks.

Aveva shareholders approve Schneider's £9.9bn takeover

(Sharecast News) - Aveva shareholders have approved Schneider Electric's £9.86bn takeover of the software firm.

TOP NEWS: Aveva shareholders back takeover by Schneider Electric

(Alliance News) - Aveva Group PLC on Friday said a majority of shareholders voted in favour of the takeover by French energy management company Schneider Electric SE.

Aveva's shareholders accept Schneider's $12 bln software takeover

LONDON, Nov 25 (Reuters) -

Aveva's shareholders accept Schneider takeover

LONDON, Nov 25 (Reuters) - Aveva's shareholders approved majority owner Schneider Electric's takeover on Friday in a deal valuing the British software company at 9.86 billion pounds ($11.91 billion).

Schneider Electric confirms financial resources to complete Aveva deal

(Alliance News) - Schneider Electric SE on Wednesday confirmed that the bridge financing facility that it entered in September in order to finance its takeover of Aveva Group PLC now totals GBP2.41 billion.