Schneider Electric to buy PTC for $22.6 billion in all-cash deal
05/10/2026 06:12
Schneider Electric to buy PTC for $22.6 billion in all-cash deal 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.
(Reporting by Lucie Barbier, editing by Anna Pruchnicka)
((Email: lucie.barbier@thomsonreuters.com))
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