Shelly Group signs investment agreement with Schneider Electric ahead of EUR 70 — a — share takeover offer

Schneider Electric unit SE 2026 A SAS signed an investment agreement tied to a planned voluntary takeover of Shelly Group at EUR 70 per share. Offer would target all outstanding shares, conditional on Schneider Electric reaching at least 95% ownership via direct and indirect holdings. Shelly Group’s board indicated preliminary support for the proposal, calling the terms aligned with interests of key stakeholders. As of Sept. 24, 2026, no offer had been filed or published with Bulgaria’s market regulator; launch remains subject to clearances. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shelly Group AD published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2404212_en) on September 24, 2026, and is solely responsible for the information contained therein. (C)