Schneider Electric launches 6 billion euro capital increase to partly finance PTC acquisition
PTC•Schneider Electric launched a 6 billion euro capital increase to partly finance its acquisition of PTC, using the proceeds and debt. New shares will be issued through accelerated bookbuilding without preferential subscription rights; a shareholder with a 1% stake would hold 0.96% afterward.
1. Capital increase
Schneider Electric launched a 6 billion euro capital increase to partly finance its PTC acquisition, with the remaining funding to come from debt. The company will issue new shares through accelerated bookbuilding without preferential subscription rights. A shareholder holding 1% would hold 0.96% after the capital increase.
