Schneider Electric’s $22.6 Billion PTC Bid: PTC Up 33.5%,…
By Tobi Opeyemi Amure
AI summary of the source article
Schneider Electric entered into a definitive merger agreement to acquire PTC for $205 per share in cash, representing an equity value of approximately $22.6 billion and an enterprise value of $23.7 billion. The deal implies a 42.3% premium over PTC's prior close. Following the news, PTC shares climbed 33.49% to $192.26 on Nasdaq, while Schneider Electric fell 9.97% to €272.80 on Euronext Paris. The transaction is backed by a fully committed bridge facility from Morgan Stanley and Société Générale, to be refinanced with €5 billion to €6 billion in equity and €16 billion to €17 billion in new debt, with targeted closing in Q3 2027.
Why it matters
The $22.6 billion deal marks a major consolidation in industrial software and AI infrastructure, funded by substantial debt and equity issuance backed by major global investment banks.
Key facts
- Schneider Electric agreed to acquire PTC for $205 per share in cash, valuing PTC at approximately $22.6 billion in equity value.
- The acquisition financing involves a bridge from Morgan Stanley and Société Générale, to be funded with €5B–€6B in equity and €16B–€17B in new debt.
- PTC stock surged 33.49% to $192.26, while Schneider Electric declined 9.97% to €272.80 on Euronext Paris following the announcement.