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Schneider Electric to buy PTC for $22.6 billion in all-cash deal

By Reuters News05:12 (UTC), 5 October 2026 Updated

Oct 5 (Reuters) - France's Schneider Electric SCHN.PA said on Monday it has agreed to buy PTC PTC.O in an all-cash deal for $205 per share, valuing PTC's equity at about $22.6 billion.

The transaction is expected to close by the third quarter of 2027, Schneider Electric added.

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