Bentley Systems, Incorporated (BSY)
After hours:
- Bloomberg
Schneider in Deal Talks With US Software Maker Bentley
(Bloomberg) -- Schneider Electric SE is in talks about a potential deal with engineering software maker Bentley Systems Inc., potentially paving the way for one of the biggest takeovers of a US company by a French business. Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTesla Soars as Musk’s Cheaper EVs Calm Fears Over Strategy
- Business Wire
Bentley Statement Regarding Recent News Reports
EXTON, Pa., April 19, 2024--Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, acknowledges the public statement made today by Schneider Electric in response to recent market speculation. Bentley does not publicly comment on market rumors or speculation and does not intend to comment on this matter.
- Reuters
Exclusive-Bentley Systems explores options amid takeover interest, sources say
(Reuters) -Bentley Systems, an engineering software company with a market value of nearly $16 billion, is exploring options that include a sale after attracting acquisition interest, according to people familiar with the matter. Among the companies that have expressed interest in a deal with Bentley are electrical equipment maker Schneider Electric and design software firm Cadence Design Systems, one of the sources said. The Bentley family controls the eponymous company through a special class of shares.
