Business·2h ago
Schneider Electric agrees to acquire PTC for $22.6 billion in cash deal
France's Schneider Electric agreed on Monday to acquire PTC in an all-cash deal for $205 per share, valuing the company at about $22.6 billion.
France's Schneider Electric announced on Monday that it has agreed to acquire PTC in an all-cash transaction valued at $205 per share.
The purchase price values PTC's equity at approximately $22.6 billion. According to Schneider Electric, the transaction is expected to close by the third quarter of 2027.
Paris
