French engineering company Schneider Electric has received two offers in a second round of bidding for its U.S.-based sensors subsidiary.
Tags: Schneider Electric
Schneider Electric agrees on GBP 3.4 billion Invensys buy
Schneider Electric announced its GBP 3.4 billion or USD 5.2 billion acquisition of Invensys Plc. French electrical gear manufacturer Schneider Electric announced its GBP 3.
Scheider to finalize US$5 billion Invensys acquisition
Schneider Electric is gearing up for the conclusion of its Invensys acquisition. France-based Schneider Electric is nearing the conclusion of its proposed agreement to purchase British engineering company Invensys for GBP 3.
Rumors of bidding war for Invensys abound
Rumors of bidding war for Invensys abound. Rumors of a possible bidding war for the acquisition of Invensys Operations Management abound. This followed the announcement of Schneider Electric of its bid of about US$5 billion for Invensys.
French company offers Invensys GBP3.3 billion
Invensys recieved a buyout offer of GBP3.3 billion from a French firm. Invensys yesterday declared it has received a GBP3. 3 billion buyout bid from Schneider Electric, a French conglomerate.
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