Invensys

British engineering corporation

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January 2014 Invensys was acquired by the French multinational Schneider Electric for a total consideration of $5.5 billion, leading to the phasing out of the Invensys brand.
January 17 2014 Completed the takeover by Schneider Electric and was fully integrated seven months later.
July 2013 Announced takeover by Schneider Electric for a total consideration of £3.4 billion.
May 2 2013 Sold its Wiltshire-based rail division to Siemens for £1.7 billion, primarily to address the company's pension scheme deficit.
2012 Held discussions with Emerson Electric about a potential takeover, which did not materialize. Also denied speculation about China Southern Rail making a stake offer.
2011 Secured railway signalling deals valued at £700 million from organizations like Network Rail and Obrascón Huarte Lain.
2011 The company experienced a significant share price decline of nearly 50%, partly due to a £40 million expense related to delayed production of control and safety systems for eight Chinese nuclear reactors.
March 2011 Wayne Edmunds was appointed Chief Executive, replacing Ulf Henriksson.

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