Schneider Electric Confirms Talks With Bentley Systems
Provided by
Dow Jones
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 adria.calatayud@wsj.com
(END) Dow Jones Newswires
April 19, 2024 03:08 ET (07:08 GMT)
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