France’s Schneider Electric raises Aveva buyout offer to $11.6 billion By Reuters


© Reuters. FILE PHOTO: The logo of Schneider Electric is seen outside a company building in Nantes, France, September 20, 2022. REUTERS/Stephane Mahe/File Photo

(Reuters) – French industrial group Schneider Electric (EPA:) has increased its offer for Aveva to 3,225 pence per share, valuing the British software company at about 9.86 billion pounds ($11.62 billion), Aveva said on Friday.

($1 = 0.8485 pounds)

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