Schneider Electric launches EUR 6 billion share placement to help fund PTC acquisition
PTC•Schneider Electric launched a private placement of approximately EUR 6 billion in new ordinary shares to partly finance its acquisition of PTC. Final pricing and the share count are expected by October 20, 2026, with settlement scheduled for October 22.
1. Placement details
The accelerated bookbuild targets qualified investors, with shareholders’ preemptive subscription rights waived. Schneider Electric said additional acquisition funding will come from future debt issuance and potential bridge loan drawdowns.
2. Expected closing
The acquisition is expected to close by the third quarter of 2027, subject to regulatory approvals and other closing conditions.
