Schneider Electric to acquire PTC for $205 per share in all-cash deal valued at $22.6B equity

PTC INC.

PTC entered a merger agreement with Schneider Electric SE and Grand Slam Merger Sub; PTC shareholders will receive $205 in cash per share.
Deal values PTC equity at approximately $22.6B and enterprise value at $23.7B, a 42.3% premium to last close and 46.1% premium to 30-day VWAP.
Schneider Electric secured a $25B bridge term loan commitment from Morgan Stanley Europe SE and Société Générale; merger is not conditioned on financing.
PTC must pay Schneider Electric a $700M termination fee in specified circumstances, including accepting a Superior Offer or a board recommendation change.
Expected €250M annual run-rate cost synergies by Year 3 and ~€800M revenue synergies; closing requires PTC shareholder approval, HSR clearance, and CFIUS approval.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.