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Shelly Group SE entered into an investment agreement with a subsidiary of Schneider Electric SE, under which Schneider will launch a voluntary public takeover offer for all outstanding shares at EUR 70.00 per share, aiming for at least 95% ownership.
“Shelly Group SE enters into Investment Agreement with Schneider Electric SE.”corporate.shelly.com
Summarized from public sources; check the original articles before acting on it.