Schneider Electric increases and finalizes cash offer for AVEVA Group

Schneider Electric, through its subsidiary Bidco, announced an increased and final recommended cash offer for AVEVA Group plc, valuing the company. The acquisition is to be effected by a court-approved scheme of arrangement.

“The boards of Schneider Electric and Bidco and the AVEVA Independent Committee announced that they had reached agreement on the terms of a recommended cash acquisition.”stockopedia.com

• 3 sources
• stockopedia.comSCHNEIDER ELECTRIC SE | Aveva Group Plc Schneider Elec. Se: Increased and Final Recommended Cash OfferNov 11, 2022
• mergersight.comSchneider Electric’s $4.4bn Acquisition of AVEVAThe MergerSight GroupNov 21, 2022
• uk.investing.comAveva's shareholders accept Schneider's $12 billion software takeover By ReutersNov 25, 2022

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