Industrials Up Amid Deal Activity — Industrials Roundup

Shares of industrial and transportation companies rose amid deal activity.

French electric-equipment maker Schneider agreed to buy PTC, a maker of computer-aided design programs and other industrial software, for about $22.6 billion. Schneider is retooling in anticipation of increased use of AI in the construction and manufacturing spheres.

Truckling line C.H. Robinson agreed to buy truck broker RXO for around $5 billion in cash and stock in a deal that would create one of the largest U.S. logistics firms.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

October 05, 2026 17:29 ET (21:29 GMT)

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