Reuters logo
BRIEF-Schneider Electric to buy French software group IGE+XAO
November 8, 2017 / 7:09 AM / a month ago

BRIEF-Schneider Electric to buy French software group IGE+XAO

Nov 8 (Reuters) - Schneider Electric/IGE+XAO Sa :

* Schneider Electric to buy IGE+XAO, a software group with a current market capitalisation of around 164 million euros ($190 million)

* Schneider Electric to offer 132 euros/share for IGE+XAO

* Offer represents 15 pct premium to IGE+XAO’s closing share price on November 7

* Takoever aims to reinforce the software offer of Schneider Electric in a field complementary to products and solutions supplied for electrical distribution, creating future synergetic opportunities, says Schneider Electric

$1 = 0.8629 euros

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below