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Emerson To Acquire Remaining Aspen Tech Shares In $7.2B Deal
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 agrees to acquire remaining Aspen stock for $7.2B
Emerson Electric (NYSE:EMR) agreed to buy the shares of Aspen Technology (NASDAQ:AZPN) it didn’t own in a deal that values the software company’s remaining stake at $7.2 billion. The remaining minority shares represent about 43% of Aspen’s (NASDAQ:AZPN) stock at a price of $265.
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.
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 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 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 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
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 the rest of automation company 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
Nasdaq
4d
Emerson Electric (EMR) to Fully Acquire Aspen Technology (AZPN) in $7.2 Billion Deal
Emerson
Electric
(EMR) has agreed to acquire the remaining 43% of
Aspen
Technology (AZPN) it does not already own, in a $7.2 billion deal announced Monday. The transaction values
Aspen
’s fully ...
1d
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 ...
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