Schneider Electric is trading at €272.70, down 10%, after agreeing to acquire PTC in an all-cash deal valuing its equity at about $22.6 billion.
- The offer is $205 per share; Reuters reported a 42.3% premium to PTC’s last close.
- The acquisition is Schneider’s largest to date and is expected to close by the third quarter of 2027. Bloomberg reported shares fell as much as 9.4% in Paris.
- Shares closed at €303.00 on October 2; the live quote may not be directly comparable.