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Schneider Electric confirms it is weighing full buyout of Aveva

Aug. 24, 2022 9:15 AM ETSchneider Electric S.E. (SBGSF) Stock, AVEVF StockSBGSY, AVVYYBy: Carl Surran, SA News Editor

Schneider Electric office building exterior in Houston, TX.

Brett_Hondow/iStock Editorial via Getty Images

Aveva Group (OTCPK:AVEVF) +32% in London trading on Wednesday after Schneider Electric (OTCPK:SBGSF) said it was considering a possible offer to acquire all outstanding shares it did not already own.

The French energy management

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