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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.

Hosted on MSN · 2d

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.

Bloomberg L.P. · 3d

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.

St. Louis Post-Dispatch · 3d

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

Hydrocarbon Processing · 9h

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.

AOL · 3d

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.

St. Louis Post-Dispatch · 3d

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.

Zacks.com on MSN · 2d

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,

Newsable Asianet News on MSN · 3d

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,

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 ...

Mariners' Colt Emerson: Receives spring training invite

The Mariners have extended Emerson an invitation to big-league camp during spring training. Emerson isn't in the running for an Opening Day roster spot, as he's just 19 and yet to advance past A-ball, ...