Aveva's shareholders accept Schneider's $12 bln software takeover

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Aveva's shareholders accept Schneider's $12 bln software takeover
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France's Schneider Electric won control of Aveva , one of Britain's biggest tech companies, on Friday after minority shareholders approved an offer valuing the industrial software firm at 9.9 billion pounds ($11.9 billion).

, one of Britain's biggest tech companies, on Friday after minority shareholders approved an offer valuing the industrial software firm at 9.9 billion pounds .

Shares in the company edged up 0.3% to 3,192 pence following the approval of the offer which was recommended by Aveva's board.

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