Schneider Electric (SCHN.PA), the world's largest maker of voltage equipment, is considering a takeover offer for industrial conglomerate Tyco International Ltd (TYC.N), though the idea is at an early stage and no deal is imminent, Bloomberg reported. Shares of Tyco, parent of the ADT Worldwide security service, jumped 4 percent in early trading on Monday to $49.05, their highest level since 2007. Schneider shares were down 3 percent in Paris at 117.85 euros ($170.32). Neither company commented. Tyco would be the latest in a series of takeovers for Schneider, which has identified security as one of the areas where it was looking to expand. Schneider, which competes with Germany's Siemens (SIEGn.DE) and ABB (ABBN.VX) of Switzerland, has made a series of small- to medium-sized acquisitions over the past year, many of them focused on emerging markets like India and Russia.
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