Schneider Electric to Acquire PTC for $205 Per Share in Cash
Filed with the SEC on · Summarized by InvestorsBot
PTC entered an agreement for Schneider Electric to acquire the company for $205 per share in cash, valuing PTC’s equity at approximately $22.6 billion and its enterprise value at $23.7 billion. The transaction, which carries a $700 million potential termination fee for PTC under specified circumstances, requires PTC shareholder and regulatory approvals and is expected to close by the third quarter of 2027; PTC shares would then be delisted from Nasdaq.