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Aspen Technology, Emerson Electric
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 share.
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 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.
Aspen Technology Stock Hits All-Time High as Emerson Buys Remaining Shares
Key Takeaways 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 will pay $265 per share for the stake,
Aspen to Be Acquired by Emerson in an All-Cash $7.2 Billion Deal
Emerson is set to acquire all remaining outstanding shares of AZPN's common stock, valuing the minority stake at $7.2 billion.
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 Electric Co. Enters Agreement to Acquire Remaining Shares of AspenTech
Emerson Electric Co., a Missouri corporation, has recently announced a significant move to acquire all outstanding shares of Aspen Technology, Inc. The agreement, reached on January 26, 2025, involves Emerson’s acquisition of the shares not already owned by them through an all-cash tender offer at $265 per share.
Emerson to Acquire AspenTech in $7.2B Deal
Emerson Electric Co. announced Monday its plans to purchase the remaining 43% of Aspen Technology Inc. it does not already own for $7.2 billion, marking a major step in its strategic transformation toward industrial software solutions.
Emerson To Acquire Remaining Stake In AspenTech Not Already Owned By It For $265/Shr
Technology and software company Emerson (EMR) and Aspen Technology, Inc. (AZPN) announced Monday that they have reached an agreement
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 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
19h
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Initiates Investigation into Aspen Technology Inc.
NEW YORK, NY / ACCESS Newswire / January 30, 2025 / The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or ...
13d
Emerson Electric: Not A Bargain At The Moment
Emerson Electric's stock performed well, with a 57% total return, but valuation multiples have expanded, making it a less ...
4d
One of Massachusetts' largest public companies to be acquired in $7.2B deal
Missouri-based Emerson Electric already had owned a majority stake in the Bedford-based software company after a merger in ...
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