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France's Schneider Electric nears $20 billion deal to buy US software group PTC, FT reports

Source: reuters.com

M&A & RestructuringTechnology & Innovation
France's Schneider Electric nears $20 billion deal to buy US software group PTC, FT reports

Schneider Electric is reportedly nearing a deal to acquire U.S. software group PTC for about $20 billion, according to the Financial Times, citing people with knowledge of the matter. The report does not provide deal terms or confirm that an agreement has been reached.

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