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Emerson Buys Rest of 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 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
Aspen Technology Stock Hits All-Time High as Emerson Buys Remaining Shares
Emerson Electric said it will buy all the remaining shares of Aspen Technology it doesn't already own for about $7.2 billion in an all-cash deal.
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 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 shares of AspenTech for $7.2bn
The AspenTech board of directors, following the special committee's recommendation, approved the transaction, which also received unanimous approval from Emerson's board of direct
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,
2d
on MSN
Emerson Electric Agrees to Acquire Remaining Aspen Technology Stock in $7.2 Billion Deal
Emerson is set to acquire the remaining minority shares in Aspen, representing about 43% of the company’s stock at $265 a ...
10h
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 ...
12h
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 ...
2d
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 ...
4d
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, ...
1d
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 ...
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