Schneider's Babeau Calls Invesys Buy a `Milestone'

Schneider's Babeau Calls Invesys Buy a `Milestone' Play

July 31 (Bloomberg) -- Emmanuel Babeau, deputy chief executive officer in charge of financial and legal affairs at Schneider Electric SA, talks about the French company's agreement to buy U.K.’s Invensys Plc for 3.4 billion pounds ($5.2 billion). Schneider is the world's biggest maker of low- and medium-voltage power gear. Babeau speaks with Alix Steel on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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