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The business holds 20,000 patents either active or in application around the world as well as spends 5% of its yearly earnings in Research and Development. Schneider Electric is a Fortune International 500 business, openly traded on the Euronext Exchange, and also is a component of the Euro Stoxx 50 stock exchange index. While the offer was yet to be completed, GEC made use of much of the anticipated proceeds of the MES sale to get firms in 1999.

That includes its long-range…