Schneider Electric To Acquire PTC For $205 Per Share In All-Cash Deal, Implied Enterprise Value Of $23.7B - Sources
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05:13:02 AM UTC
SquawkNews
France's Schneider Electric EURONEXT:SU said on Monday it has agreed to buy PTC NASDAQ:PTC in an all-cash deal for $205 per share, valuing PTC's equity at about $22.6 billion.The transaction is expected to close by the third quarter of 2027, Schneider Electric added.