Schneider Electric to acquire IGE + XAO for EUR188.4 million

Schneider Electric signed a memorandum of understanding to buy software developer IGE + XAO for about EUR188.4 million ($218.3 million), at EUR132 per share.

“The proposed acquisition price of EUR132 a share represents a 15% premium to IGE + XAO's last closing price on Nov. 7.”foxbusiness.com

• 1 source
• foxbusiness.comSchneider Electric to Acquire IGE + XAO for EUR188.4 Million | Fox BusinessNathan AllenNov 8, 2017

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