Tag: aveva

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Schneider Electric to acquire Aveva in $11 billion deal

Schneider Electric to acquire Aveva in $11 billion deal

Schneider Electric, a French industrial conglomerate, announced the acquisition of British software developer Aveva, proposing £31 per share in a deal valued at £9.48 billion (nearly $11 billion). Schneider Electric said its offer represents a 41 precent premium on Aveva's share price of £21.... Read more

date12 days ago
Schneider Electric considers multibillion-euro acquisition of Aveva

Schneider Electric considers multibillion-euro acquisition of Aveva

Schneider Electric is considering the acquisition of Aveva, a British industrial software provider. The announcement caused Aveva's share price to soar by 32 percent. Schneider Electric currently holds a majority stake in Aveva. The organization is considering a buyout of the remaining sharehol... Read more

date1 month ago