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BRIEF-Aveva CEO says more confident Schneider deal will succeed this time
September 5, 2017 / 6:50 AM / 16 days ago

BRIEF-Aveva CEO says more confident Schneider deal will succeed this time

Sept 5 (Reuters) - Aveva

* Ceo says deal with schneider electric is ‘much further progressed’ than previous attempts

* Ceo says merger agreement with schneider is binding, will include break fee

* Ceo says schneider will contribute more to business than in previous attempts, hence larger share

* Ceo says schneider has worked to separate software assets, removing previous hurdle

* Ceo says deal mostly about top-line growth, synergies in areas of duplication Further company coverage: (Reporting By London Bureau)

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