Under the terms of the increased cash offer, AVEVA Shareholders will be entitled to receive 3,225 pence in cash for each AVEVA Share.
3 Mins
December 01, 2022 | 2:27 PM GMT
The boards of Schneider Electric (EPA: SU) and Bidco and the AVEVA Independent Committee have reached an agreement on the terms of a recommended cash acquisition by which the entire issued and to be issued share capital of AVEVA (excluding AVEVA Shares held by Samos, an indirect wholly-owned subsidiary of Schneider Electric) will be acquired by Bidco.
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