Schneider Electric launches voluntary takeover offer for RIB Software SE

Schneider Electric announced a voluntary public takeover offer for all outstanding shares of RIB Software SE at EUR 29.00 per share, with a premium of 40.6% over the closing price. A business combination agreement was signed.

“The Bidder today announced its decision to launch a voluntary public takeover offer to the shareholders of RIB SE for the acquisition of all outstanding shares of RIB SE for a cash consideration of EUR 29.00 per RIB share.”marketscreener.com

• 3 sources
• marketscreener.comRIB Software SE: Announcement of a public takeover offer by Schneider Electric//Conclusion of a Business Combination Agreement | MarketScreenerEQSFeb 13, 2020
• globalconstructionreview.comSchneider Electric makes €1.4bn bid for German construction IT company - Global Construction ReviewGCR Staff 14.02.20Feb 14, 2020
• batinfo.comSchneider Electric wants to buy software developer RIB Software | BatinfoBat infoFeb 18, 2020

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