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Britain's Aveva set to unveil £3b Schneider deal: source
Published Tue, Sep 5, 2017 · 09:50 PM
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London
BRITISH engineering software company Aveva is poised to announce a tie-up with France's Schneider Electric to create a business worth more than £3 billion (S$5.3 billion), a source close to the matter said.
The deal, expected to be confirmed soon, will be structured as a reverse takeover in which Schneider will take a majority stake in Aveva, with shareholders …
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