Shelly Agrees Takeover Agreement With Schneider Electric At €70 Per Share

By Reuters News

- SHELLY GROUP AD SLYG.BB:

  • ENTERS INTO INVESTMENT AGREEMENT WITH SCHNEIDER ELECTRIC SE

  • SCHNEIDER ELECTRIC TO LAUNCH TAKEOVER OFFER AT EUR 70 PER SHARE

  • OFFER SUBJECT TO MINIMUM ACCEPTANCE THRESHOLD OF 95% OF SHARE CAPITAL

Further company coverage: SLYG.BB

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