Sunday, October 2

Schneider agrees 31 pounds-a-share deal to buy UK’s Aveva


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LONDON — France’s Schneider Electric

said on Wednesday it had agreed to buy out the

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minority shareholders in Aveva for 31 pounds a share

($35.24), in a deal that values ​​the British industrial software

company at about 9.48 billion pounds.

($1 = 0.8797 pounds)

(Reporting by Paul Sandle; editing by William James)



financialpost.com

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