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Trending: Schneider Electric Confirms Deal Talks With Bentley Systems

1325 GMT - Schneider Electric is among the most mentioned companies across news items over the past 12 hours, according to Factiva data, following the French industrial giant's confirmation that it is in talks with engineering-software company Bentley Systems about a potential strategic transaction. The Wall Street Journal had reported Thursday that Schneider was in talks to take control of Bentley in a deal that could be valued at more than $15 billion. Schneider said the talks are part of its continuous exploration of opportunities under its software strategy and that there is no certainty that a merger will be agreed upon. Dow Jones & Co. owns Factiva. (


(END) Dow Jones Newswires

April 19, 2024 09:44 ET (13:44 GMT)

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