Schneider Electric could be preparing assets sale
Listed French energy management group Schneider Electric (EPA:SU) is understood to be considering a disposal programme including assets sale, French daily Le Figaro reported. The report cited labour union sources as saying that the French group is working on a plan to re-organise its plants in France, but could also be preparing the sale of some of its assets as part of its three-year plan to be presented at the end of 2014.
Source Le Figaro