Donald Trump bought PTC before $22.6B buyout
Trump’s portfolio bought up to $1M of PTC on July 20, 77 days before Schneider Electric agreed to buy all of its stock.
Trump’s portfolio bought up to $1M of PTC on July 20, 77 days before Schneider Electric agreed to buy all of its stock.
French energy technology group Schneider Electric has signed a definitive agreement to acquire Boston-based PTC for $22.6bn (€20.1bn) to expand its industrial AI business. The French company's shares plummeted on Monday following the announcement.
Acquisition would be French group’s largest and expand its industrial software capability