Aveva Working With Lazard to Evaluate Takeover Options: Times
2015-06-14 08:07:35.965 GMT
By Suzi Ring
(Bloomberg) -- The FTSE 250 engineering software developer
hired bankers from Lazard in Feb., Sunday Times reports, citing
unidentified people.
* Schneider Electric, General Electric, Emerson may bid for
co.
* U.S. technology firm Aspen also said to be looking at co.
* Aspen declined to comment to newspaper
* Aveva CEO Richard Longdon said co. hasn’t received formal
approach
* NOTE: Aveva seen as takeover target since profit warning in
September
* NOTE (May 18): Aveva rises to 8-month high on reports of
possible bid
* NOTE: Aveva market capitalization GBP1.23b at Friday’s close
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To contact the reporter on this story:
Suzi Ring in London at +44-20-3525-7867 or
sring5@bloomberg.net
To contact the editors responsible for this story:
Anthony Aarons at +44-20-3525-2227 or
aaarons@bloomberg.net
Adveith Nair, Shaji Mathew
2015-06-14 08:07:35.965 GMT
By Suzi Ring
(Bloomberg) -- The FTSE 250 engineering software developer
hired bankers from Lazard in Feb., Sunday Times reports, citing
unidentified people.
* Schneider Electric, General Electric, Emerson may bid for
co.
* U.S. technology firm Aspen also said to be looking at co.
* Aspen declined to comment to newspaper
* Aveva CEO Richard Longdon said co. hasn’t received formal
approach
* NOTE: Aveva seen as takeover target since profit warning in
September
* NOTE (May 18): Aveva rises to 8-month high on reports of
possible bid
* NOTE: Aveva market capitalization GBP1.23b at Friday’s close
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Suzi Ring in London at +44-20-3525-7867 or
sring5@bloomberg.net
To contact the editors responsible for this story:
Anthony Aarons at +44-20-3525-2227 or
aaarons@bloomberg.net
Adveith Nair, Shaji Mathew