Hat tip the to the Kleinmanator for tonight's Aveva / Schneider merger scoop. Kleinman and I didn't always get along when we worked together at The Daily Telegraph but credit where credit is due. Here is a link to his piece:
Posts tagged: Aveva
The mystery company circling Aveva is said to be weighing a deal that could value the London-listed business at as much as £24.50 a share.
Several different sources claiming to be familiar with the matter have heard the potential offeror for Aveva, the software engineering company, is looking at pitching an indicative approach at precisely £24.50 a share...
Aveva, the software engineering company, is said to be preparing its defences ahead of a potential approach from a mystery suitor.
Some sources claiming to be familiar with the matter suggested French giant Schneider Electric is once again weighing a deal with London-listed Aveva.
However, one banker close the situation said: "it's not clear how 'real' this situation is."..