Nov 5 (Reuters) - Aspen Technology Inc :
* EMERSON - EXPECTING $1.0 BILLION SHARE REPURCHASE IN FISCAL Q1
* EMERSON ANNOUNCES KEY ACTIONS TO COMPLETE THE PORTFOLIO TRANSFORMATION TO AN INDUSTRIAL TECHNOLOGY LEADER DELIVERING ADVANCED AUTOMATION SOLUTIONS
* EMERSON - ANNOUNCES INCREASED RETURN OF CAPITAL TO SHAREHOLDERS WITH PLANS TO REPURCHASE APPROXIMATELY $2.0 BILLION OF SHARES IN FISCAL 2025
* EMERSON - PROPOSES TO ACQUIRE REMAINING OUTSTANDING SHARES OF ASPENTECH FOR $240 PER SHARE IN CASH
* EMERSON - UPON COMPLETION OF TRANSACTION, ASPENTECH WOULD BECOME A WHOLLY OWNED SUBSIDIARY OF EMERSON
* EMERSON - PROPOSAL IMPLIES A FULLY DILUTED MARKET CAPITALIZATION FOR ASPENTECH OF $15.3 BILLION AND AN ENTERPRISE VALUE OF $15.1 BILLION.
* EMERSON - EMERSON EXPECTS IMPACT OF THIS PROPOSED TRANSACTION WITH SYNERGIES TO BE NEUTRAL TO ADJUSTED EPS IN FISCAL 2025.
* EMERSON - EXPLORING STRATEGIC ALTERNATIVES FOR ITS SAFETY & PRODUCTIVITY SEGMENT, INCLUDING A CASH SALE
((Reuters.Briefs@thomsonreuters.com;))
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