French electric equipment group Schneider Electric SQ (SU.FR) Friday said that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR Act"), has expired in connection with the previously announced cash tender offer made by Schneider Electric to purchase all of the issued shares of Telvent GIT SA (TLVT).

MAIN FACTS:

- The expiration of the waiting period under the HSR Act satisfies one of the conditions for the consummation of the tender offer.

- Consummation of the tender offer remains subject to satisfaction or waiver of various other conditions described in the Offer to Purchase filed with the U.S. Securities and Exchange Commission on June 21, including the regulatory approval by the European Union competition authority.

- By Paris Bureau, Dow Jones Newswires; +331-4017-1740; geraldine.amiel@dowjones.com

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