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Reverse takeover of engineering software group is third attempt at tie-up since 2015
Hopes of a bid for software maker fade as results season dominates the blue-chip index
Fashion retailer offers double-digit online growth plus cash returns
Software group hit hard after calling off £1.3bn reverse takeover by Schneider Electric
Schneider disappointment hits diversification plans
Second try at French takeover of UK engineering software developer fails
Discussions are over similar structure to last year’s agreement
‘Significant integration challenges’ identified during due diligence process over proposed tie-up
UK group needs a route away from overreliance on energy customers
Engineering software business swings to first-half loss but says acquisition by Schneider on track
Move will give French group control of UK engineering software company
Software maker hit by weaker demand from energy groups stresses ‘good progress’ in tough market
FTSE 100 edged higher by 0.1 per cent or 8.38 points to 6,968.87
Appointment comes a fortnight after £70m hit to profits
Almost half of software maker’s sales come from oil and gas sector
Engineering software maker blames malaise in key markets such as Brazil and South Korea
International Edition