# SGB in talks to merge with Schneider Electric unit

German company SGB is in talks to merge with a unit of Schneider Electric, according to sources cited by Reuters.

- Type: Acquisition
- Announced: 2017-02-07
- Status: rumored
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [SGB](https://endata.com/companies/22044.md)
- [Schneider Electric](https://endata.com/companies/2048.md) (target)

## Sources

- [pehub.com](https://www.pehub.com/german-sgb-in-talks-to-merge-with-schneider-electric-unit-say-sources-reuters/), 2017-02-07: "German SGB in talks to merge with Schneider Electric unit, say sources"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.