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Schneider-Invensys Takeover Would Create Energy Giant

Schneider Electric made waves on Friday with news it is planning to offer £3.3 billion ($5 billion), or £5.05 a share, to take over Invensys. The target company says it’s likely to accept an offer at that value, Bloomberg reports. Schneider says the acquisition would increase its focus on the industry automation sector, … Read more »

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