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    France's Schneider Electric nears $20 billion deal to buy US software group PTC, FT reports

    Picture of Schneider Electric SE logoSchneider Electric SE
    04/10/2026 20:35
    France's Schneider Electric nears $20 billion deal to buy US software group PTC, FT reports
    Oct 4 (Reuters) - France's Schneider Electric SCHN.PA is nearing a deal to buy US software group PTC PTC.O  for about $20 billion, the Financial Times reported on Sunday citing people with knowledge of the matter.
    Reuters could not immediately verify the FT report.

     (Reporting by Harishankar Manoj in Bengaluru; Editing by Cynthia Osterman)
     ((Harishankar.Manoj@thomsonreuters.com))

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