Sign up for our newsletter - Navigating the horizon of business technology​
Technology / AI and automation

FRAMATOME WHITE KNIGHT FOR TELEMECANIQUE SA

After four months, French atomic power station builder Framatome SA is close to success in its white knight role as preferred partner for industrial controls specialist Telemecanique SA over Schneider SA which launched the original hostile bid for Telemecanique: Schneider says that if Framatome sweetens its existing offer to top Schneider’s 5,400F- a share bid, it will accept with respect to the 22% of Telemecanique it now holds, and withdraw.

White papers from our partners


This article is from the CBROnline archive: some formatting and images may not be present.

CBR Staff Writer

CBR Online legacy content.