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Bentley Systems, Incorporated (BSY)
After hours:
- Bloomberg
Schneider in Deal Talks With US Software Maker Bentley
(Bloomberg) -- Schneider Electric SE is in talks about a potential deal with engineering software maker Bentley Systems Inc., potentially paving the way for one of the biggest takeovers of a US company by a French business. Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsBiden’s New Chopper Is Demoted After Scorching White House LawnRay Dali
- Business Wire
Bentley Statement Regarding Recent News Reports
EXTON, Pa., April 19, 2024--Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, acknowledges the public statement made today by Schneider Electric in response to recent market speculation. Bentley does not publicly comment on market rumors or speculation and does not intend to comment on this matter.
- Reuters
Schneider Electric confirms Bentley Systems talks
Schneider Electric is in talks with U.S. engineering software producer Bentley Systems over a potential "strategic transaction", it said on Friday without elaborating, sending the French company's shares down 2%. Reuters reported on Thursday that Bentley Systems, which has a market value of nearly $16 billion, was exploring options including a sale after attracting acquisition interest. Among the companies that have expressed interest in a deal with Bentley are Schneider and design software firm Cadence Design Systems, one of the sources said.
