Schneider Electric is paying $205 per share in an all-cash transaction with an implied enterprise value of $23.7 billion, the largest purchase in the company's history. The deal, valuing the software provider at $22.6 billion, aims to integrate assets like the Creo suite to build one of the largest industrial-software portfolios for AI-powered manufacturing and engineering.
Wednesday, October 21, 2026
Story
Trump Bought $1M in PTC Stock 2 Weeks Before $23.7B Schneider Deal
Business15 days ago
Reports on recent financial filings indicate that Donald Trump acquired a stake in a software company just before it was targeted for a takeover, according to Quiver Quantitative. The purchase of up to $1 million in shares of PTC Inc. took place about 14 days before Schneider Electric disclosed its agreement to buy the firm, a move that drove the US-based developer's stock up more than 30%.
Looking for more context or analysis?
Tilt chat provides reliable, tailored insights, alerts, and automations.