AVEVA + Schneider a no-go

Jun 15, 2016 | Hot Topics

In a very brief statement even by UK standards AVEVA just said,

“Following the termination of the preliminary discussions between AVEVA Group Plc (“AVEVA”) and Schneider Electric SE, AVEVA has applied to the UKLA for the suspension of its shares to be lifted.

As a result, it is anticipated that AVEVA’s shares will resume trading at 8:00am BST this morning.”

So that’s a deal that seems to be not happening. Again.

Print Friendly, PDF & Email