financetom
Business
financetom
/
Business
/
Market Chatter: Schneider Electric, Cadence Design Systems Express Interest in Acquiring Bentley Systems
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Schneider Electric, Cadence Design Systems Express Interest in Acquiring Bentley Systems
Apr 18, 2024 9:42 AM

12:28 PM EDT, 04/18/2024 (MT Newswires) -- Schneider Electric and Cadence Design Systems have expressed an interest in buying Bentley Systems ( BSY ) , Reuters reported Thursday, citing people familiar with the matter.

Bentley Systems ( BSY ), which has a market cap of about $15 billion, is exploring the options which could result in a change of ownership in the business.

Bentley Systems ( BSY ), Schneider Electric and Cadence reportedly did not immediately respond to requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Premier Financial Q4 Core Earnings, Revenue Increase
Premier Financial Q4 Core Earnings, Revenue Increase
Jan 21, 2025
04:58 PM EST, 01/21/2025 (MT Newswires) -- Premier Financial (PFC) reported Q4 core earnings late Tuesday of $0.63 per diluted share, up from $0.56 a year earlier. Three analysts polled by FactSet forecast $0.51. Revenue for the quarter ended Dec. 31, expressed as the sum of net interest income and noninterest income, rose to $65.4 million from $64.3 million a...
Semrush Holdings Insider Sold Shares Worth $664,848, According to a Recent SEC Filing
Semrush Holdings Insider Sold Shares Worth $664,848, According to a Recent SEC Filing
Jan 21, 2025
04:58 PM EST, 01/21/2025 (MT Newswires) -- Eugenie Levin, President, on January 17, 2025, sold 43,200 shares in Semrush Holdings ( SEMR ) for $664,848. Following the Form 4 filing with the SEC, Levin has control over a total of 537,349 shares of the company, with 537,349 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1831840/000162828025002046/xslF345X05/wk-form4_1737496417.xml ...
Analysis-Trump's bid to label Mexican cartels 'foreign terrorists' poses risks to companies, migrants
Analysis-Trump's bid to label Mexican cartels 'foreign terrorists' poses risks to companies, migrants
Jan 21, 2025
MEXICO CITY (Reuters) - On Monday night, President Donald Trump called for the State Department to label Mexican cartels as foreign terrorist organizations, a move that increases the reach of U.S. law enforcement over the criminal groups but risks complicating international business, restricting asylum claims, and straining relations with Mexico, analysts say. The move targets two key Trump promises- to...
Chair of UK competition regulator steps down
Chair of UK competition regulator steps down
Jan 21, 2025
Jan 21 (Reuters) - The chair of the UK Competition and Markets Authority (CMA), Marcus Bokkerink, has stepped down from his post, the competition regulator said on Tuesday. Doug Gurr has been appointed as the interim chair, the CMA said in a statement. The Financial Times reported earlier on Tuesday that Bokkerink, who was appointed chair of the CMA in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved