Emerson Electric plans to acquire AspenTech's remaining shares for $15.1 billion at $240 each.

Emerson Electric has proposed to acquire the remaining shares of AspenTech it does not own for $15.1 billion, valuing the shares at $240 each. This proposal follows Emerson's 2021 merger of its software units with AspenTech, which resulted in Emerson owning about 55% of the combined company. The acquisition aims to reinforce Emerson's commitment to the industrial automation sector.

November 05, 2024
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