AVEVA and Schneider Electric have reached agreement to combine AVEVA and the Schneider Electric Software Business to create a global leader in engineering and industrial software, with an unmatched breadth of product offering A transformational transaction for AVEVA and the Schneider Electric Software Business which will add significant scale and relevance in key markets, as well as geographic and end market diversification In consideration, Schneider Electric to take a 60 per cent stake in the fully diluted share capital of the Enlarged AVEVA Group, which will remain listed on the London Stock Exchange…
To read the announcement in full, please visit: http://www.aveva.com/pages/investors/announcement/ and click “Announcement.”
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