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3 results for “Schneider Electric”
Global Market: European stocks edge up; Schneider plunges after PTC deal
European shares edged 0.2% higher, recovering from last week’s losses, while French stocks fell amid growing fiscal concerns. The CAC 40 dropped 0.8%, pressured by Schneider Electric’s sharp decline after its $22.6 billion PTC deal. Investors also tracked softer US jobs data, bond yields, inflation risks and political…
Schneider Electric in advanced talks to buy US-based software firm PTC for roughly $20 billion: What we know
France-based Schneider Electric is in advanced talks to acquire US software company PTC for nearly $20 billion. The deal would be Schneider’s largest acquisition, strengthening its industrial software portfolio as it expands through acquisitions and benefits from the AI data centre boom.
Tech Picks: Cyient among 5 stocks to buy for up to 11% returns in short term
Recent market dynamics have created continued selling pressure, adversely affecting stock performance over the past few weeks. Experts believe upcoming trends in the energy sector will heavily sway market sentiment. Stocks like Cyient, Siemens Energy, and Schneider Electric are highlighted as having notable return…