Shelly Group signs investment agreement with Schneider Electric ahead of EUR 70-a-share takeover offer
Bitget2026/09/24 05:15- Schneider Electric unit SE 2026 A SAS signed an investment agreement tied to a planned voluntary takeover of Shelly Group at EUR 70 per share.
- Offer would target all outstanding shares, conditional on Schneider Electric reaching at least 95% ownership via direct and indirect holdings.
- Shelly Group’s board indicated preliminary support for the proposal, calling the terms aligned with interests of key stakeholders.
- As of Sept. 24, 2026, no offer had been filed or published with Bulgaria’s market regulator; launch remains subject to clearances.
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