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September 24 (Reuters) — The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday: * France's Schneider Electric intends to launch a voluntary public takeover offer for Bulgarian smart-home device maker Shelly Group for €70 per share, the industrial group said.... * A consortium bac
(Updates with expected deal closure in paragraph 2, premium and founders' stake in paragraphs 3-4, background in paragraph 5) Sept 24 (Reuters) — France's Schneider Electric said on Thursday it intended to launch a voluntary public takeover offer for Bulgarian smart-home device maker Shelly Group for €70 per share. The
France's Schneider Electric EURONEXT:SU said on Thursday it intended to launch a voluntary public takeover offer for Bulgarian smart-home device maker Shelly Group BSESOF:SLYG for €70 per share.The all-cash offer values Shelly at about €1.2 billion ($1.4 billion) and is expected to close by the fir…