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Schneider Electric SA Agrees USD 5.2 billion Takeover of Invensys PLC-Reuters


Tuesday, 30 Jul 2013 08:00pm EDT 

Reuters reported that Schneider Electric SA is to buy the entire issued and to be issued share capital Invensys PLC for an agreed GBP 3.4 billion (USD 5.2 billion). Schneider Electric SA will pay GBP 5.02 per share in cash and stock. 

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