France's Schneider confirms plans to buy remaining Aveva shares

PARIS (Reuters) - French industrial group Schneider Electric said it would proceed with a plan to buy full control of British software company Aveva Plc, offering 31 pounds per share to acquire the roughly 40% of Aveva it does not already own.

Schneider said this offer would value the whole of Aveva at around 9.48 billion pounds ($10.8 billion).

($1 = 0.8809 pounds)

(Reporting by Benoit Van Overstraeten; Editing by GV De Clercq)