# Schneider Electric shares plunge after record $22.6bn PTC deal

https://mins.news/en/item/86291

- euronews, 2026-10-05 11:04 UTC
- Economy
- Original: https://www.euronews.com/2026/10/05/schneider-electric-shares-plunge-on-record-226bn-ptc-deal

> French energy technology group Schneider Electric has agreed to buy Boston-based PTC for $22.6 billion (€20.1 billion), aiming to expand its industrial AI business. The company’s shares plunged on Monday after the announcement.

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