Aspen Technology Board to Assess Emerson Electric Takeover Bid
Aspen Technology said its board of directors would review an unsolicited takeover offer from Emerson Electric which values the industrial-software company at an enterprise value of $15.1 billion. Aspen on Tuesday received the unsolicited offer from Emerson priced at $240 a share for the outstanding shares of common stock the maker of electrical,
Key TakeawaysShares of industrial technology and engineering company Emerson Electric popped higher Tuesday.The company ...
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Emerson Electric makes bid to acquire full stake in AspenTechThe company’s $240-per-share cash offer for the remaining stake in AspenTech would total around $6.53bn, according to Reuters ...
Emerson's transformation is all about high-margin, high-tech innovation, and bringing AspenTech fully into the fold accelerates that vision. CEO Lal Karsanbhai isn't just building a more modern ...
Barclays raised the firm’s price target on Emerson (EMR) to $116 from $103 and keeps an Equal Weight rating on the shares post the fiscal ...
Emerson’s leading technology, alignment with secular trends and customer focus provide confidence for continued momentum ...
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