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Wednesday 7 October
🌐 World · English ▾
Current: 🌐 World · English
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Story United States

Schneider Said to Near Deal to Buy PTC for More Than $20 Billion

The brief

Schneider Electric SE is nearing a deal to acquire US-based engineering software developer PTC Inc. Former Iranian and US diplomats agree that the war on Iran is likely to get worse in the coming weeks. Key points and original sources are listed below.

  • Schneider Electric SE is nearing a deal to acquire US-based engineering software developer PTC Inc. for more than $20 billion, according to a source familiar with the matter.S1
  • Former Iranian and US diplomats agree that the war on Iran is likely to get worse in the coming weeks.S2
Timeline · newest first
2d Bloomberg

Schneider Said to Near Deal to Buy PTC for More Than $20 Billion

Schneider Electric SE is nearing a deal to acquire US-based engineering software developer PTC Inc. for more than $20 billion, according to a source familiar with the matter.

2d Al Jazeera

War on Iran: Is escalation more likely than a deal?

Former Iranian and US diplomats agree that the war on Iran is likely to get worse in the coming weeks.

Schneider Said to Near Deal to Buy PTC for More Than $20 Billion

3 outlets 3 reports
The brief

Schneider Electric SE is nearing a deal to acquire US-based engineering software developer PTC Inc. Former Iranian and US diplomats agree that the war on Iran is likely to get worse in the coming weeks. Key points and original sources are listed below.

  • Schneider Electric SE is nearing a deal to acquire US-based engineering software developer PTC Inc. for more than $20 billion, according to a source familiar with the matter.S1
  • Former Iranian and US diplomats agree that the war on Iran is likely to get worse in the coming weeks.S2
Timeline · newest first

Sources · 2 citations

S1 Bloomberg 1 report · EN
S2 Al JazeeraLead 1 report · EN
Seekingalpha 1 report · EN