French conglomerate Schneider Electric has paid $10.96 a share for the 8 per cent of PDL held by Gold Peak Industries. The acquisition seals Schneider's takeover of PDL after a deal earlier this week to buy the Stewart family's 60 per cent holding.
AdvertisementAdvertise with NZME.
Latest from Business
AI boom drives sharemarkets to best first quarter in five years
World stocks rise 7.7% as optimism about US economy offsets expectations of rate cuts.