Schneider Electric to Own 71% Share Capital of IGE + XAO
February 19 2018 - 11:05AM
Dow Jones News
By Anthony Shevlin
Schneider Electric SE (SU.FR) said Monday that it will directly
or indirectly own 70.69% of the share capital of IGE + XAO SA
(IGE.FR) after the reopened tender offer for the latter's
shares.
Schneider Electric said it was informed of the decision by the
French financial markets regulator, the AMF.
The reopened tender is expected to occur on Feb. 22.
Write to Anthony Shevlin at anthony.shevlin@dowjones.com
(END) Dow Jones Newswires
February 19, 2018 10:50 ET (15:50 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.