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Company Press Release: Schneider Electric acquires American Power Conversion and becomes a global leader in critical power

( October 30, 2006, 10:17 GMT | Official Statement) -- Extract: Schneider Electric and American Power Conversion (APC) have entered into a definitive merger agreement under which Schneider Electric will acquire all outstanding shares of APC for an enterprise value of approximately US$5.5 billion. The price per share is US$31 and will be paid in cash for a total amount of approximately US$6.1 billion.Rueil Malmaison, France, October 30, 2006...

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