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Schneider Electric Launches EUR 6.0 Bln Capital Increase To Partly Finance PTC Acquisition

By Reuters News5 hours ago Updated

Oct 19 (Reuters) - Schneider Electric SE SCHN.PA:

LAUNCHES EUR 6.0 BILLION CAPITAL INCREASE TO PARTLY FINANCE PTC ACQUISITION
TO USE CAPITAL INCREASE PROCEEDS AND DEBT FOR PTC ACQUISITION
TO ISSUE NEW SHARES VIA ACCELERATED BOOKBUILDING WITHOUT PREFERENTIAL SUBSCRIPTION RIGHTS
SHAREHOLDER HOLDING 1% WOULD HOLD 0.96% AFTER CAPITAL INCREASE

Source text: here

Further company coverage: SCHN.PA

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