December 27, 2017 / 7:49 AM / 5 months ago

BRIEF-Aveva Says U.S. CFIUS Review Of Schneider Deal Moved To Phase II

Dec 27 (Reuters) - Aveva Group Plc:

* ‍REVIEW PROCEDURE OF COMMITTEE ON FOREIGN INVESTMENTS IN UNITED STATES (“CFIUS”) IS STILL ONGOING AND HAS NOW MOVED ON TO PHASE II​

* ‍PHASE II SHOULD BE NO LONGER THAN 45 CALENDAR DAYS AND CLEARANCE IS EXPECTED TO BE RECEIVED ON OR AROUND 9 FEBRUARY 2018​ Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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