Schneider Electric is currently in discussions to acquire control of Bentley Systems, a prominent engineering-software company. The potential deal, valued at over $15 billion, would involve merging Schneider's software business with Bentley Systems, which would continue to operate as a public entity. This acquisition could represent one of the largest takeovers of an American firm by a French corporation. Multiple sources, including Reuters and The Wall Street Journal, have confirmed the ongoing talks, highlighting the significant interest in Bentley Systems from various parties. Additionally, Citi has discussed the deal's implications, and Bentley Systems' stock has experienced a minor change, decreasing by 0.1% pre-market.
"Among the companies that have expressed interest in a deal with Bentley are $SCHN and design software firm $CDNS" https://t.co/6kKVBNWxsZ
$BSY (-0.1% pre) Schneider Electric in Talks to Take Control of Bentley Systems - WSJ https://t.co/QejWGCV66S
Schneider confirms that it is in the talks with Bentley on a deal, confirming our scoop from yesterday. @reutersdeals first to report that Bentley was exploring options and that Schneider was one of the parties in talks with the company on a deal. W/@MilanaVinn $BSY https://t.co/6bFEXTwMGS
Can Schneider do a deal for Bentley $BSY? Citi discusses https://t.co/m2MlC9ix2o https://t.co/jCgxT0Pp2I
Schneider Electric is in talks about a potential deal with Bentley Systems, in what would be one of the biggest takeovers ever of an American firm by a French corporation https://t.co/O7KFm5w6Ch
Schneider Electric confirms talks with Bentley Systems https://t.co/VekVElOmd2
Schneider Electric confirms Bentley Systems talks https://t.co/1ILKQOBAFB https://t.co/aUQtkwl8nQ
Schneider Electric Confirms Talks With Bentley Systems https://t.co/aa95zqKPTP
Just In | Schneider Electric confirms talks with Bentley Systems on potential deal @SchneiderElec https://t.co/IpHa9e2H9m
Scoop: Schneider Electric is considering taking control of engineering-software company Bentley Systems. Schneider is discussing merging its software biz with Bentley, in a deal worth >$15 billion, and Bentley would remain a public company. $BSY https://t.co/UlvtHPpL35 via @WSJ
Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be worth more than $15 billion https://t.co/rdo9u6qprO
Exclusive: Bentley Systems explores options amid takeover interest, sources say https://t.co/q0aaqKyDkG https://t.co/dSt3dpUnUz