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AVEVA Group PLC (AVV.L)

AVV.L on London Stock Exchange

2,840.00GBp
18 Jan 2018
Change (% chg)

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Prev Close
2,840.00
Open
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Day's High
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Volume
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Avg. Vol
236,108
52-wk High
2,890.00
52-wk Low
1,843.00

Latest Key Developments (Source: Significant Developments)

Aveva Says U.S. CFIUS Review Of Schneider Deal Moved To Phase II
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Aveva Group Plc ::‍REVIEW PROCEDURE OF COMMITTEE ON FOREIGN INVESTMENTS IN UNITED STATES ("CFIUS") IS STILL ONGOING AND HAS NOW MOVED ON TO PHASE II​.‍PHASE II SHOULD BE NO LONGER THAN 45 CALENDAR DAYS AND CLEARANCE IS EXPECTED TO BE RECEIVED ON OR AROUND 9 FEBRUARY 2018​.  Full Article

AVEVA, Schneider gets all regulatory clearances except CFIUS approval
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Aveva Group Plc ::‍UPDATE RE CLEARANCES & EXPECTED CLOSING TIMETABLE​.CO, SCHNEIDER ELECTRIC ARE CONFIRM ALL OUTSTANDING REGULATORY CLEARANCES REQUIRED AHEAD OF COMPLETION OF COMBINATION HAVE BEEN RECEIVED​.‍APPROVAL OF COMMITTEE ON FOREIGN INVESTMENTS IN UNITED STATES NOT YET RECEIVED; REVIEW PROCEDURE IS ONGOING​.‍AVEVA AND SCHNEIDER ELECTRIC ARE NOT AWARE OF AND DO NOT EXPECT ANY SUBSTANTIVE CFIUS CONCERNS​.‍CFIUS APPROVAL FOR DEAL IS NOT EXPECTED BEFORE VERY LATE DECEMBER 2017 AT EARLIEST, AND MAY EXTEND AS LATE AS MID-FEBRUARY 2018​.‍EXPECTS COMPLETION OF COMBINATION TO OCCUR AT END OF JANUARY OR FEB 2018, SUBJECT TO ANY UNFORESEEN DELAYS IN CFIUS APPROVAL PROCESS​.‍AVEVA IS CONTINUING PROCESS OF SELECTING A CHIEF EXECUTIVE OFFICER FOR COMBINED CO​.  Full Article

Aveva, Schneider see same compelling industrial logic, better trading environment
Tuesday, 5 Sep 2017 

Sept 5 (Reuters) - Aveva Group Plc :SAME COMPELLING INDUSTRIAL LOGIC AS BEFORE, TRADING ENVIRONMENT FOR BOTH BUSINESSES MORE STABLE- CHAIRMAN.WILL BE APPOINTING A NEW CEO- CHAIRMAN.NOW A MUCH SIMPLER TRANSACTION TO DELIVER - CEO.SCHNEIDER- WE BELIEVE THE BEST WAY IS TO KEEP THE NATURE OF A LISTED COMPANY AND TO BECOME STRATEGIC INVESTORS - SCHNEIDER CHAIRMAN.  Full Article

Aveva set to unveil 3 billion stg Schneider merger- source
Monday, 4 Sep 2017 

Sept 4 (Reuters) - :Aveva set to unveil 3 billion stg Schneider merger; deal structured as reverse takeover that will see Schneider take majority stake in combined co -source.Aveva shareholders will receive more than 800 pence share in cash. Combined entity will have an enterprise value of more than 3 billion pounds- source.  Full Article

AVEVA set to unveil 3 bln pounds-plus merger with software arm of Schneider Electric- Sky News
Monday, 4 Sep 2017 

Sept 4 (Reuters) - :AVEVA will this week unveil 3 billion pounds-plus merger with software arm of France's Schneider Electric- Sky News, citing sources.  Full Article

Aveva Group says FY revenue rose 7.1 pct to 215.8 mln pounds
Tuesday, 23 May 2017 

May 23 (Reuters) - Aveva Group Plc ::FY adjusted pretax profit rose 7.4 percent to 55 million pounds.FY revenue rose 7.1 percent to 215.8 million pounds .Total dividend 40 pence per share.Final dividend 27 pence per share.2017 revenue of 215.8 million pounds versus. 201.5 million pounds in 2016.2017 profit before tax of 46.9 million pounds versus. 29.4 million pounds in 2016.  Full Article

Aveva shares fall 17 pct at open as co ends talks with Schneider Electric
Wednesday, 15 Jun 2016 

: Aveva shares open 17 pct down after co terminates talks with Schneider Electric SE Further company coverage: [SCHN.PA][AVV.L] (Bengaluru Newsroom: +91 80 6749 1136).  Full Article

FCA restores Aveva's shares after announcement by company
Wednesday, 15 Jun 2016 

Official List: Restoration .FCA restores Aveva Group Plc to official list effective from 15/06/2016 7:30 am following release of an announcement.  Full Article

Aveva Group says terminates talks with Schneider Electric
Wednesday, 15 Jun 2016 

Aveva Group Plc : Termination of discussions with Schneider Electric SE .Aveva has applied to UKLA for suspension of its shares to be lifted.  Full Article

FCA temporarily suspends Aveva's shares pending co announcement
Monday, 13 Jun 2016 

FCA :Temporarily suspends shares in aveva group plc from official list effective from 13/06/2016 2:00 pm at request of company pending an announcement.  Full Article

BRIEF-Aveva Says U.S. CFIUS Review Of Schneider Deal Moved To Phase II

* ‍REVIEW PROCEDURE OF COMMITTEE ON FOREIGN INVESTMENTS IN UNITED STATES ("CFIUS") IS STILL ONGOING AND HAS NOW MOVED ON TO PHASE II​