Invensys Bidding seen luring decade-High Price

Invensys Plc shareholders may be rewarded with a price not seen in a decade if Schneider Electric SA’s approach sparks a bidding war.

Shares of the British industrial technology company have traded above Schneider’s informal offer of 505 pence a share during each of the last three trading days, indicating some investors may be wagering on a higher bid.

To read more, click here.

Bloomberg BRIEF Newsletters