"It's an opportunistic bid taking advantage of share price weakness in recent months", the FT report quoted Peter Lampert, a portfolio manager at Mawer, as saying. (https://on.ft.com/3S7Ktx0)

French industrial group Schneider Electric said on Wednesday that it will pursue a full takeover of British software company Aveva, offering 31 pounds per share.

($1 = 0.8911 pounds)

(Reporting by Akanksha Khushi in Bengaluru; Editing by Muralikumar Anantharaman)