Schneider confirms preliminary talks with Bentley Systems over deal

Schneider Electric (SBGSY) confirmed earlier today that as part of its continuous exploration of opportunities, it has been holding discussions with Bentley Systems (BSY) with regards to a potential strategic transaction. “Discussions remain at a preliminary stage regarding a potential transaction, and there is no certainty that any transaction will be agreed upon. No further comment will be made until an update is warranted,” the company said in a statement.