Schneider Electric to buy PTC for $205 per share
PTC•Schneider Electric will acquire PTC in an all-cash deal at $205 per share, valuing PTC’s equity at approximately $22.6 billion and representing a 42.3% premium to its last closing price. The transaction has been unanimously approved by both boards and is anticipated to close by Q3 2027.
1. Deal terms
Schneider Electric will acquire 100% of PTC in an all-cash transaction at $205 per share, with an implied enterprise value of $23.7 billion (€21.1 billion). The companies expect approximately €800 million in revenue synergies and €250 million in annual run-rate cost synergies by year three; the deal is to be funded through €5 billion to €6 billion of equity issuance and €16 billion to €17 billion of new debt.
