January 25, 2018 / 2:45 PM / 5 months ago

BRIEF-Schneider Electric Takes Control Of IGE+XAO After The Successful Tender Offer

Jan 25 (Reuters) - SCHNEIDER ELECTRIC:

* SCHNEIDER ELECTRIC TAKES CONTROL OF IGE+XAO AFTER THE SUCCESSFUL TENDER OFFER

* TENDER OFFER WHICH WILL BE RE-OPENED FROM FEBRUARY 1ST TO FEBRUARY 14TH, 2018

* TO RECEIVE 882,194 IGE+XAO SHARES REPRESENTING 61.79 PERCENT OF THE SHARE CAPITAL

* FOLLOWING THE DELIVERY OF THE SHARES TENDERED TO THE OFFER WILL OWN 70.57% OF THE SHARE CAPITAL Source text : bit.ly/2DK5cnr Further company coverage: (Gdynia Newsroom)

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