|Bid||141.02 x 0|
|Ask||141.34 x 0|
|Day's Range||139.90 - 139.90|
|52 Week Range||110.82 - 177.60|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Aveva shareholders have backed an improved offer for the UK software developer from France’s Schneider Electric, ending a takeover battle that will strip the London market of one of its major technology companies. The new offer is a more than 40 per cent premium to Aveva’s share price in August, when Schneider, which first acquired 60 per cent of the software group in 2017, disclosed that it wanted to acquire the rest of the company.
France's Schneider Electric won control of Aveva, one of Britain's biggest tech companies, on Friday after minority shareholders approved an offer valuing the industrial software firm at 9.9 billion pounds ($11.9 billion). France's Schneider, which already owned nearly 60% of Aveva, upped its offer to 3,225 pence earlier this month after several major investors threatened to reject its previous 3,100 pence offer, which they termed "opportunistic".
RUEIL-MALMAISON, FRANCE / ACCESSWIRE / November 21, 2022 / Schneider Electric Microplásticos announces goal of being Net-Zero in Scope 1 and 2 by 2030Collaboration will support Schneider Electric's Zero Carbon Project to decarbonize supply chain3BL ...