Emerson issued the following statement: The tender offer provides AspenTech minority stockholders the opportunity to tender their shares at a compelling and certain value of $265 per share in cash.

ST. LOUIS and BEDFORD, Mass., Jan. 27, 2025 /PRNewswire/ -- Emerson (NYSE: EMR) and Aspen Technology, Inc. (NASDAQ: AZPN) ("AspenTech") today announced that they have reached an agreement under which ...

(Reuters) -Emerson Electric on Tuesday proposed to buy the rest of AspenTech that it does not own at a valuation of $15.1 billion, as the company looks to sharpen its focus on industrial automation.

Emerson Electric’s (NYSE:EMR) stock rose 4.9% to $115.15 a share in premarket trading on Tuesday after the maker of electrical equipment and automation technology said it offered to acquire the ...

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 ...

In a significant consolidation within the industrial software sector, Emerson Electric Co. (NYSE:EMR), a $62.4 billion market cap industrial giant with impressive gross profit margins of 52.4%, has ...

(Reuters) -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.

Acquisition will further AspenTech’s diversification into metals and mining market through end-to-end software provider Micromine, headquartered in Perth, Australia, offers solutions relevant to every ...

Under the terms of the agreement, Emerson will make a tender offer to acquire all shares of AspenTech common stock not already owned by Emerson for $265.00 per share in cash, which will be followed by ...

ST. LOUIS--(BUSINESS WIRE)--Emerson’s (NYSE: EMR) majority owned subsidiary, AspenTech (NASDAQ: AZPN), today announced it has entered into an agreement to acquire Micromine, an end-to-end mining ...