Schneider Electric completes transaction for voluntary public takeover of RIB
Rueil-Malmaison (France), July 10, 2020 - Schneider Electric, the global leader
in digital transformation of energy management and automation, today announced
the successful completion of the voluntary public takeover offer for all
outstanding shares (ISIN: DE000A0Z2XN6) of RIB Software SE ("RIB").
All closing conditions have been fulfilled, including CFIUS approval received
on July 2, 2020, and the settlement of the voluntary public tender offer will
be concluded today. RIB will be consolidated in Schneider Electric's accounts
as part of the Energy Management business.
About Schneider Electric
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Tel: +44 20 7592 8216
ISIN : FR0000121972
Véronique (Luneau) Roquet-Montegon
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