Acquiring Company
Schneider Electric
Acquired Company
PTC Therapeutics
Description
Schneider Electric has agreed to acquire PTC in an all-cash deal valued at $23.7 billion, significantly enhancing its software capabilities. The transaction offers PTC shareholders a premium of 42.3% at $205 per share. The deal is expected to close in the third quarter of 2027 and will be financed through equity and new debt issuance.
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Frequently asked
Who acquired PTC Therapeutics?
PTC Therapeutics was acquired by Schneider Electric, based in Paris. The deal was reported on October 5, 2026. Schneider Electric is a global specialist in energy management and automation, committed to making energy safe, reliable, efficient, and sustainable. Schneider Electric is privately held and operates in Manufacturing.
When did Schneider Electric acquire PTC Therapeutics?
Schneider Electric's acquisition of PTC Therapeutics was reported on October 5, 2026. Schneider Electric has agreed to acquire PTC in an all-cash deal valued at $23.7 billion, significantly enhancing its software capabilities. The transaction offers PTC shareholders a premium of 42.3% at $205 per share. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PTC Therapeutics do?
PTC Therapeutics is a biopharmaceutical company that engages in the discovery, development and commercialization of small-molecule drugs. It is publicly traded (PTCT), operating in Biotechnology, and is based in South Plainfield.
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