By January 2025, the company has reached agreement to acquire the remaining shares in AspenTech, although this came at a premium. This, combined with a solid performance of the shares, as well as ...
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GlobalData on MSNEmerson Electric makes bid to acquire full stake in AspenTechEmerson Electric has offered to purchase the remaining shares of AspenTech it doesn't own, valuing the deal at $15.1bn, in a ...
Emerson, with an existing ownership of approximately 57.4% of AspenTech’s outstanding shares, will make a tender offer to purchase the remaining issued and outstanding shares of common stock of ...
AspenTech is an industry leader in asset optimization software, providing solutions that enable industrial users to design, operate, and maintain their manufacturing processes for maximum ...
We are raising our fair value estimate to $265 per share from $240 previously for wide-moat AspenTech after the firm reported strong second-quarter results. Our fair value reflects the acquisition ...
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 ...
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 ...
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