Schneider Electric to Sell Part of Telvent

Schneider Electric signed an agreement for the sale of Telvent DTN to TBG AG, a private holding company headquartered in Zurich, Switzerland. The transaction is based on an enterprise value of approximately $900 million.

TBG focuses on critical business information services and high added value industrial niches.

Telvent DTN provides information services, supply chain connectivity tools and decision support solutions in agricultural, energy and environmental industries. It

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