Schneider Electric to buy PTC for $22.6 billion in all-cash deal

Oct 5 (Reuters) - France's Schneider Electric said on Monday it has agreed to buy PTC in an all-cash deal for $205 per share, valuing PTC's equity at about $22.6 billion.

The transaction is expected to close by the third quarter of 2027, Schneider Electric added. 

(Reporting by Lucie Barbier, editing by Anna Pruchnicka)