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Busy February for AVEVA
Deadlines are coming thick and fast for industrial design software supplier AVEVA (AVV). The group expects to get the sign-off from US regulators on 9 February for its proposed £3bn merger with the software arm of French engineer Schneider Electric.
That will swiftly be followed on 15 February with a trading update for the Schneider part of the enlarged group. Final merger completion remains on track for some time towards the end of February.
On 19 February new chief executive Craig Hayman will start work, and we expect details on the future strategy of the enlarged company during this busy month of news.