French electrical engineering and power management company Schneider Electric SA (SU.FR) Friday extended its tender offer for convertible bonds from Telvent GIT SA (TLVT) until Aug. 23.

MAIN FACTS:

- Schneider Electric's has further extended its previously announced tender offer for all of the outstanding US$200,000,000 5.50% Senior Subordinated Convertible Notes due 2015 of Telvent.

- The offer, which had been scheduled to expire at 5:00 p.m., New York City time, on Thursday, August 4, 2011, will now expire at 5:00 p.m., New York City time, on Tuesday, August 23, 2011.

- The offer is being conducted substantially concurrently with a separate cash tender offer by Schneider Electric España for all of the issued shares of Telvent.

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

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