- Reuters - UK Focus•6 months ago
British software maker Aveva Group Plc (Other OTC: AVEVF - news) said on Friday Chief Executive Richard Longdon would step down after 17 years at the helm, just weeks after reporting a second failed attempt to tie-up with France's Schneider Electric SE. The departure of a veteran executive as trading improves after a turbulent year was perhaps a sign that Aveva will go it alone, analysts speculated, dampening hopes of renewed M&A in the near term. "The fact that no one stepped forward during or after the first Schneider approach in July 2015 suggests Aveva will continue as an independent company for a while yet," JP Morgan Cazenove analyst Stacy Pollard wrote in a client note.
- Reuters - UK Focus•7 months ago
Aveva Group Plc (Other OTC: AVEVF - news) said on Wednesday talks over a possible tie up with France's Schneider Electric SE had ended, sending the British software maker's shares down as much as 20 percent. Aveva said on Monday it had received a revised, conditional proposal from Schneider Electric, six months after the French company pulled out of a deal to buy a majority of the company. Schneider Electric declined to comment on the end of the talks on Wednesday.
- TheStreet.com•7 months ago
Zara owner Inditex leaps as it tops earnings forecasts, while software company Aveva plunges in London as suitor Schneider Electric retreats for the second time in six months.
AVEVF: Summary for AVEVA GROUP ORD GBP0.03556 - Yahoo Finance
AVEVA Group plc (AVEVF)
Other OTC - Other OTC Delayed price. Currency in USD
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|Day's range||0.00 - 0.00|
Trade prices are not sourced from all markets
|PE ratio (TTM)||44.13|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|