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Schneider Electric SE (SCHN.PA)

SCHN.PA on Paris Stock Exchange

61.09EUR
31 Aug 2016
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Latest Key Developments (Source: Significant Developments)

Schneider Electric reaches agreement to sell its transportation business
Monday, 14 Dec 2015 02:45am EST 

Schneider Electric SE:Reaches an agreement to sell its transportation business to Kapsch Trafficcom.Terms of agreement reflect a purchase price of about 35 million euros on a cash-free, debt-free basis.Transaction would generate a capital loss/impairment of about 100 million euros.  Full Article

Schneider Electric finalizes sale of Juno Lighting
Friday, 11 Dec 2015 02:38am EST 

Schneider Electric SE:Announces it has obtained all required regulatory approvals and subsequently finalized the sale of Juno to Acuity Brands for consideration of about $385 mln (about 350 mln euros).Says transaction will generate capital loss of up to $300 mln (about 270 mln euros).Such loss will be excluded from basis of calculation for Schneider Electric's 2015 dividend.  Full Article

Schneider Electric connects rural weather stations in U.S.
Thursday, 3 Dec 2015 07:00pm EST 

Schneider Electric SE:Says it is connecting more than 4,000 disparate rural area weather stations in the U.S.  Full Article

Schneider Electric and Icade sign energy-management partnership
Thursday, 3 Dec 2015 12:51pm EST 

Icade SA:Schneider Electric and Icade sign partnership agreement concerning energy management for commercial buildings, health and connected housing.Collaboration will allow Schneider Electric, through its Aveltys unit, and Icade to offer common services which aim to improve energy performance.  Full Article

Schneider Electric's 200 million euro climate bond successfully launched
Monday, 9 Nov 2015 02:37am EST 

Schneider Electric SE:Successfully launches its first climate bond with AXA IM, Mirova and Neuflize Obc Investissements.Says climate bond was launched in October, raising 200 million euros with 10-year maturity and coupon of 1.841 pct.Objective of this bond issue is to finance Schneider Electric's research and development programs dedicated to technologies.  Full Article

Schneider Electric to sell Juno Lighting to Acuity Brands
Friday, 30 Oct 2015 03:30am EDT 

Schneider Electric SE:Schneider Electric reaches an agreement to sell Juno Lighting to Acuity Brands.Terms of agreement reflect a cash purchase price totaling approximately $385 million (about 350 million euros), implying a multiple of c. 12.0x Juno's EBITDA 2014.Transaction would generate a capital loss/ impairment of up to $300 million (about 270 million euros).Such loss/impairment would be excluded from basis of calculation for Schneider Electric's 2015 dividend.Says the sold business generated revenues of $230 million and an EBITDA of $32 million in 2014.  Full Article

Schneider Electric to list 200 mln euro bond on Euronext Paris
Monday, 12 Oct 2015 07:00am EDT 

Schneider Electric SE:To list 200 mln euro bond on Euronext Paris.Issue price: 100 pct.Interest rate: 1.841 pct.Redemption date: Oct. 13, 2025.  Full Article

Schneider Electric successfully issues EUR 800 mln bond
Thursday, 3 Sep 2015 09:03am EDT 

Schneider Electric SE:Announces successful issue of an 800 million euro ($889.3 million) bond.Coupon rate of 1.50 pct.Implied rate of 1.574 pct.Maturity: September 2023.  Full Article

Schneider Electric SE gives FY 2015 guidance
Wednesday, 29 Jul 2015 01:30am EDT 

Schneider Electric SE:Sees roughly flat organic revenue in 2015, significant growth in adjusted EBITA at current forex.Sees stable-to-moderate decline in 2015 adjusted EBITA margin compared to 2014.  Full Article

Langa Group selects Schneider Electric and Saft for two new solar power plants
Thursday, 23 Jul 2015 12:00pm EDT 

Schneider Electric SE:Langa Group selects Schneider Electric and Saft for two new solar power plants.  Full Article

Software maker Aveva's head to leave after failed Schneider talks

British software maker Aveva Group Plc said on Friday Chief Executive Richard Longdon would step down after 17 years at the helm, just weeks after reporting a second failed attempt to tie-up with France's Schneider Electric SE .