Emerson proposes to acquire remaining shares of AspenTech

Reuters

2024/11/05

Nov 5 (Reuters) - Emerson Electric made a proposal on Tuesday to acquire the remaining outstanding shares of common stock of AspenTech for $240 per share in cash.

Emerson has 55% majority share in AspenTech, which it acquired in 2022.

(Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra Eluri)

((Nathan.Gomes@thomsonreuters.com;))

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