Schneider in talks to sell CST unit; Carlyle a reported suitor


Schneider Electric (SBGSF) confirms it's in discussions with prospective suitors about selling them its sensors unit CST.

Les Echos reports that Schneider is in talks with private-equity firm Carlyle (CG) and PAI Partners about a deal that could see the electrical-gear maker reap up to $900M and retain 30% of CST.

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