SIEGY - What's Going On With Bentley Systems Stock Amid Multibillion-Dollar Merger Talks? | Benzinga
The French industrial giant Schneider Electric SE (OTC:SBGSY) (OTC:SBGSF) has confirmed holding discussions for a potential acquisition of Bentley Systems Inc (NASDAQ:BSY), a company known for its engineering software solutions.
As per the Schneider Electric statement, discussions regarding a potential transaction remain at a preliminary stage, emphasizing the lack of certainty regarding the outcome of these talks.
Bentley Systems also acknowledged the public statement made today by Schneider Electric in response to recent market speculation.
Earlier, The Wall Street Journal reported that Schneider Electric and Bentley Systems are considering merging Schneider’s ...