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Schneider Electric shares tumble 7% on $22.6 bln PTC deal
Schneider Electric shares tumble 7 percent following plans for an all-cash acquisition of PTC valued at $22.6 billion.
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Schneider Electric shares tumble 7 percent following plans for an all-cash acquisition of PTC valued at $22.6 billion.
Schneider Electric is acquiring industrial software group PTC for $23.7 billion in a deal described as occurring at a decade-low valuation.