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Schneider Electric Confirms Talks With Bentley Systems

By Adria Calatayud


Schneider Electric confirmed it is in talks with engineering-software company Bentley Systems about a potential strategic transaction.

The confirmation from the French industrial giant came after The Wall Street Journal reported Schneider was in talks to take control of Bentley in a deal that could be worth more than $15 billion.

"Discussions remain at a preliminary stage regarding a potential transaction, and there is no certainty that any transaction will be agreed upon," Schneider said.


Write to Adria Calatayud at


(END) Dow Jones Newswires

April 19, 2024 03:08 ET (07:08 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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