Report
Schneider Electric agrees to buy PTC for $22.6 billion
Bloomberg Opinion calls the deal big and bold and asks whether mergers and acquisitions are becoming less quiet.
TLDR
Bloomberg Opinion describes Schneider Electric’s deal to buy PTC as a bold move worth roughly $23 billion. A separate account says the agreed cash price is $22.6 billion, or $205 per share—42% above Friday’s close—and says Schneider aims to expand its AI and data center business.
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