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Emerson to buy remaining stake in AspenTech
Emerson To Complete AspenTech Takeover For $7.2 Billion
Global engineering and automation giant Emerson has agreed to complete its takeover of industrial software solutions provider AspenTech.
Emerson to buy remaining stake in AspenTech for $7.2 billion
U.S. industrial company Emerson Electric agreed to pay $7.2 billion to buy the remaining shares in software supplier AspenTech that it does not already own, the companies said on Monday. The takeout deal strengthens Emerson's transformation from its 1890 origins as a motor and fan manufacturer in St.
Emerson Buys Rest of AspenTech at $17 Billion Valuation
Emerson Electric Co. agreed to buy the rest of Aspen Technology that it doesn’t already own in a deal that values the industrial-software company at a fully diluted market value of $17 billion.
Emerson to buy the rest of automation co. AspenTech
The move comes as the Fortune 500 company looks to transform from an old-school industrial company to a technology-forward firm focused on automation. Emerson invested in 55% of AspenTech in
Emerson to acquire remaining outstanding shares of AspenTech
Emerson will acquire all outstanding shares of common stock of AspenTech not already owned by Emerson for $265/share pursuant to an all-cash tender offer. The transaction values the minority stake being acquired at $7.
Emerson Electric To Buy Out AspenTech Minority Stake In $7.2 Billion Cash Deal
Aspen Technology, Inc. (NASDAQ:AZPN) shares are trading higher premarket on Monday after the company inked a deal to be acquired by Emerson Electric Company (NYSE:EMR) in an all-cash tender offer for $265 per share.
Emerson to buy the rest of automation company AspenTech
The move comes as the company looks to transform from an old-school industrial company to a technology-forward firm focused on automation.
Emerson Acquires Remaining Stake in AspenTech to Boost Portfolio
Emerson Electric Co. EMR recently announced that it has signed an agreement to acquire the outstanding shares of Aspen Technology, Inc. AZPN (AspenTech) for $7.2 billion. It is worth noting that EMR acquired a 55% majority stake in AspenTech in 2022,
Emerson To Acquire Remaining Aspen Tech Shares In $7.2B Deal: Retail Expresses Enthusiasm
Shares of Emerson (EMR) and Aspen Technology Inc. (AZPN) traded in the green on Monday after Emerson said it will acquire all outstanding shares of common stock of Aspen not already owned by it for $265 per share in cash,
23h
Fatal Emerson fire cause ruled 'undetermined'
The Illinois State Fire Marshal's Office says investigators have not been able to pinpoint the specific cause of a fatal Jan. 19 house fire near Sterling, Illinois State Fire Marshal's Office ...
1d
Emerson Poll Shows Trump Actually Outpolls Dem Governor Phil Murphy In New Jersey
Emerson pollster Matt Taglia discusses a new poll showing that President Trump outpolling Democratic Gov. Phil Murphy in New ...
1d
on MSN
Top Seattle Mariners Prospect Colt Emerson Discusses Hitting Approach
The No. 20 prospect in all of baseball according to MLB Pipeline went on the Hot Stove Show to talk about his mindset at the ...
5d
Dedicating its home court to longtime coach Hank Smith brought Emerson men’s basketball past and present together
In the center of the expanding circle of people, Hank Smith beamed. The linchpin to this human intersection of the past, ...
17h
Wrestling photos: Emerson/Park Ridge at Manchester Regional, NJIC semis, Wednesday, Jan. 29
Wrestling photos: GMC Tournament (Day 2), Saturday, Jan. 25 Jan. 25, 2025, 1:00 p.m. Mobile device users: For the best ...
2d
Optimistic Growth Prospects for Emerson Electric: Buy Rating Backed by Strategic Moves and Market Rebound Expectations
Emerson Electric Company (EMR) has received a new Buy rating, initiated by Daiwa analyst, Jairam Nathan.Invest with Confidence: Follow ...
2d
Emerson Electric Co. stock underperforms Monday when compared to competitors
This was the stock's second consecutive day of losses.
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