Seeking Alpha

Schneider accepts Carlyle, PAI offer for sensors unit

  • Schneider Electric (SBGSF) says it accepted a binding offer made by P-E funds Carlyle Group (CG) and PAI Partners for its sensors business in a deal based on an enterprise value of $900M.
  • According to the deal, Schneider would invest $100M in CST and retain a 30% stake in the unit.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|