Aveva CEO’s Deja-Vu Spurred Second Rejection of Schneider

  • CEO Longdon speaks in interview after discussions terminated
  • Aveva shares tumble after trading resumes; Schneider rises

We Made Very Attractive Proposal to Aveva: Schneider CEO

For Aveva Group Plc Chief Executive Officer Richard Longdon, it was a case of deja-vu when Schneider Electric SA unsuccessfully sought to revive takeover talks, six months after the two companies abandoned the project.

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