Schneider Electric (SU)

Index:

CAC 40

  225.35
   
  • Change Today:
     2.25
  • 52 Week High:  238.20
  • 52 Week Low:  139.42
  • Currency: Euro
  • Shares Issued: 572.84m
  • Volume: 216,174
  • Market Cap:  129,087m
  • Beta: 1.28

Schneider Electric reportedly mulling fresh bid for Aveva

By Alexander Bueso

Date: Monday 13 Jun 2016

LONDON (ShareCast) - (ShareCast News) - Shares in Aveva topped gainers on the second-tier index after the Financial Times reported renewed interest from Schneider Electric in a possible buy-out.
Talks between the FTSE 250-listed energy industry software provider and its French counterpart fell apart at the end of 2015 after the due diligence process revealed that it would be much harder than expected to carve out Schneider Electric's own software assets from the rest of the company.

The intention had been for the French energy giant to take a majority stake in Aveva in exchange for £550m in cash.

As of 14:17 BST shares in Aveva were higher by 8.93% to 1,842p.

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SU Market Data

Currency Euro
Share Price   225.35
Change Today   2.25
% Change 1.01 %
52 Week High  238.20
52 Week Low  139.42
Volume 216,174
Shares Issued 572.84m
Market Cap  129,087m
Beta 1.28

What The Brokers Say

Strong Buy 7
Buy 5
Neutral 7
Sell 3
Strong Sell 0
Total 22
buy
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Trades for 18-Jun-2024

Time Volume / Share Price
14:46 15 @  225.25
14:45 1 @  225.25
14:45 31 @  225.25
14:45 5 @  225.25
14:45 15 @  225.25

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