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Schneider Electric SE (SCHN.PA)

SCHN.PA on Paris Stock Exchange

70.12EUR
16 Jul 2018
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Tue, May 1 2018

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India's L&T seals $2.1 billion deal to sell electrical unit to Schneider

MUMBAI India's Larsen & Toubro has agreed to sell its electrical and automation business for 140 billion rupees ($2.1 billion) to Schneider Electric SE , partnering with Temasek, in the biggest M&A deal announced in the Indian market this year.

UPDATE 3-India's L&T seals $2.1 bln deal to sell electrical unit to Schneider

* Deal excludes marine switchgear and servowatch systems (Adds Schneider comment, Temasek stake)

UPDATE 2-Schneider Electric makes strong start to 2018 as China demand offsets currency impact

* Shares rise 2 pct (Adds exchange rate and acquisitions impact, share price)

CORRECTED-Schneider Electric beats Q1 revenue forecast on upbeat China demand

April 19 Schneider Electric, a French electrical equipment maker, beat market expectation with a 6.2 percent organic growth in first-quarter revenue, buoyed by upbeat performance of its two businesses and strong demand in China.

BRIEF-Schneider Electric Announces Project With REC Solar

* SCHNEIDER ELECTRIC - ANNOUNCED A PROJECT WITH REC SOLAR TO BUILD AN ADVANCED MICROGRID AT ITS FOXBORO, MASSACHUSETTS FACILITY Source text for Eikon: Further company coverage:

BRIEF-Schneider Electric Acquires 60 Percent Stake In Aveva

* ANNOUNCES COMPLETION OF THE COMBINATION BETWEEN SCHNEIDER ELECTRIC INDUSTRIAL SOFTWARE BUSINESS AND AVEVA

BRIEF-Aveva Says ‍Application Made For Admission Of 97.2 Mln Consideration Shares To Be Issued To Schneider Electric

* ‍APPLICATION MADE TO UK LISTING AUTHORITY, LSE FOR ADMISSION OF 97.2 MILLION CONSIDERATION SHARES TO BE ISSUED TO SCHNEIDER ELECTRIC GROUP​ Source text for Eikon: Further company coverage:

UPDATE 1-Schneider Electric ends 2017 on high note despite currency headwinds

Feb 15 French electrical equipment producer Schneider Electric on Thursday posted a 90 basis points organic increase in its 2017 adjusted core profit (EBITA) margin, beating its own target, driven by improving prices and cost management.

Schneider Electric ends 2017 on high note despite currency headwinds

Feb 15 French electrical equipment producer Schneider Electric posted a 90 basis point increase in adjusted core profit (EBITA) margin on Thursday, beating its own target, driven by improving prices and cost management.

PTC's Hayman picked as CEO for Aveva as it joins up with Schneider

Britain's Aveva Group on Thursday appointed Craig Hayman as chief executive ahead of its tie-up with Schneider Electric , announced in September, which will create an engineering and industrial software group.

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