View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 15, 1988


By CBR Staff Writer

Schneider SA, with 12.1% under its belt, has now formally launched its planned tender offer for another 43.3% of the shares of industrial controls specialist Telemecanique Electrique SA, offering FF3,900 a share, a 4.8% premium on the pre-suspension price: the hotly opposed offer, which would give Schneider 53.5% on a fully-diluted basis, values the company at some $1,070m.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.