|Bid||1,800.00 x 25300|
|Ask||0.00 x 14500|
|Day's range||2,326.00 - 2,364.00|
|52-week range||1,791.00 - 3,080.00|
|PE ratio (TTM)||30.00|
|Earnings date||14 Jun 2018|
|Forward dividend & yield||0.40 (1.71%)|
|1y target est||2,283.63|
The mining sector is beginning to invest in new projects and to cautiously expand production as it recovers from a deep commodity markets crash in 2015-16, increasing the amount it spends on new equipment on expansion in minerals such as copper and those used to make batteries. Michelin has offered 610 pence in cash for each Fenner share, representing a more than 30 percent premium to the British company's closing price of 466.6 pence on Friday. Fenner's directors intend to unanimously recommend its shareholders vote in favour of the acquisition at a meeting in May, the French firm said.
Hayman, whose appointment is effective from Feb. 19, is joining from U.S. computer software group PTC Inc (PTC.O), where he was responsible for functions ranging from engineering, marketing and sales in his role as chief operating officer. Aveva, which makes software used to design oil rigs, ships and nuclear power stations, has struggled in recent years in part due to its exposure to oil and gas markets that have been battling a prolonged slump. The deal with Schneider, which is expected to close later this month, gives Aveva a bigger presence in sectors such as food and beverages and pharmaceuticals as well as in its strongholds in oil and gas, mining, and marine.
* Hayman to take up role from Feb. 19. Feb 1 (Reuters) - Britain's Aveva Group (Frankfurt: A1W0MM - news) on Thursday appointed Craig Hayman as chief executive ahead of its tie-up with Schneider Electric (EUREX: SND1.EX - news) , announced in September, which will create an engineering and industrial software group. Hayman, whose appointment is effective from Feb. 19, is joining from U.S. computer software group PTC Inc (Frankfurt: A1H9GN - news) , where he was responsible for functions ranging from engineering, marketing and sales in his role as chief operating officer.
Britain's Aveva Group, which has agreed to a tie-up with France's Schneider Electric, on Thursday appointed Craig Hayman as chief executive officer effective from Feb. 19. Hayman will join from U.S. computer ...
** British engineering software company up 1.7% ** Goldman Sachs raises to "neutral" from "sell" on merger with Schneider bringing the strategic appeal of PLM software to the forefront ...
European shares inched lower on Tuesday dragged down by losses in the heavyweight financial sector as worries over North Korea persisted and caution grew before a European Central Bank policy meeting later ...
Britain's top share index slipped on Tuesday as financials fell amid lingering jitters over the North Korean crisis. While investors were in no mood for a sell-off, caution was still very much present. ...
France's Schneider Electric (EUREX: SND1.EX - news) will take a 60 percent stake in an enlarged industrial software business worth about 3 billion pounds after agreeing to combine with Britain's Aveva Group (Frankfurt: A1W0MM - news) at the third time of asking. Jean-Pascal Tricoire, chairman and CEO of Schneider Electric (Brussels: BE0941746704.BR - news) , said the combined company would be better placed to serve a wide range of industries and its enhanced capacity would also benefit investors. The British company's chief executive James Kidd said he was confident the merger would get over the line this time after two failed attempts to do a deal since 2015.
Britain's top share index edged slightly higher on Tuesday alongside other European bourses following losses in the previous session prompted by concerns over North Korea's latest nuclear test. While investors ...
** Aveva Group up 25.6 pct at multi-yr high after tie-up with Schneider Electric ** Aveva agrees to combine with Schneider's software business to create a London-listed leader in industrial software worth ...
British engineering software company Aveva Group said on Tuesday it had agreed to combine with Schneider Electric's software business, creating a London-listed software firm worth more than 3 billion pounds. ...
British engineering software company Aveva is poised to announce a tie-up with France's Schneider Electric (EUREX: SND1.EX - news) to create a business worth more than 3 billion pounds ($3.9 billion), a source close to the matter told Reuters. The deal is expected to be confirmed as soon as Tuesday morning and will be structured as a reverse takeover in which Schneider will take a majority stake in Aveva, with shareholders in the British company receiving more than 800 pence per share in cash, the source said. Aveva, founded in 1967 as a spin-off from Cambridge University, provides software for the oil, shipping and power sectors.
British engineering software company Aveva Group is set to unveil a 3 billion pound-plus merger with the software arm of France's Schneider Electric, Sky News reported on Monday. The deal is expected to ...