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13/04/2011

Statement from Schneider Electric in response to market rumors

Rueil-Malmaison (France), April 13, 2011 – In response to market rumors, Schneider Electric announced today that it is not currently in discussion with Tyco International regarding a potential strategic transaction between the two companies. Schneider Electric stated that it would make no further comment regarding this matter.

 

About Schneider Electric
As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in energy and infrastructure, industrial processes, building automation, and data centres/networks, as well as a broad presence in residential applications. Focused on making energy safe, reliable, and efficient, the company's 110,000 plus employees achieved sales of 19.6 billion euros in 2010, through an active commitment to help individuals and organizations “Make the most of their energy.”
www.schneider-electric.com

 

Investor Relations :
Schneider Electric
Carina Ho
Press Contact :
Schneider Electric
Véronique Roquet-Montégon
Press Contact :
DGM
Michel Calzaroni
Olivier Labesse
Phone : +33 (0) 1 41 29 83 29
Fax : +33 (0) 1 41 29 71 42
www.schneider-electric.com
ISIN : FR0000121972
Phone : +33 (0)1 41 29 70 76
Fax : +33 (0)1 41 29 71 95
Phone : +33 (0)1 40 70 11 89
Fax : +33 (0)1 40 70 90 46