CORRECTED-UPDATE 2-Schneider Electric expands in North America with Asco deal, raises revenue target (July 27)
August 02, 2017 at 12:38 PM EDT
July 27 (Reuters) - French electrical component and energy management group Schneider Electric said on Thursday it was buying automatic transfer switch (ATS) maker Asco Power Technologies for $1.25 billion and raising its full-year revenue target.