BUSINESS● LOWOct 5 · Oct 5, 2026, 11:04 AM
Schneider Electric shares plunge on record $22.6bn PTC deal
EuroNews [en] · global
French energy technology group Schneider Electric has signed a definitive agreement to acquire Boston-based PTC for $22.6bn (€20.1bn) to expand its industrial AI business. The French company's shares plummeted on Monday following the announcement.
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