Yageo to Acquire Schneider Sensors Business

Global electronic component and service provider YAGEO Corporation (2327.TW) (“YAGEO”) announced today that it has entered into a binding commitment with Schneider Electric (SU.PA), the leader in the digital transformation of energy management and automation, to acquire its Telemecanique Sensors business in an all-cash transaction. The proposed transaction values Telemecanique Sensors’ business at an enterprise…

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