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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.
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 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.
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,
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 remainder of Aspen Technology for $265 per share in cash
Emerson (EMR) and Aspen Technology (AZPN) announced that they have reached an agreement under which Emerson will acquire all outstanding shares
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 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,
2d
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 ...
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 ...
3h
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 ...
Nasdaq
3d
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 ...
2d
Aspen Technology (AZPN) Surges 3.3%: Is This an Indication of Further Gains?
Aspen Technology (AZPN) saw its shares surge in the last session with trading volume being higher than average. The latest ...
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 ...
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