BRIEF-Emerson Proposes To Acquire Remaining Outstanding Shares Of Aspentech For $240 Per Share In Cash

Reuters

Nov 05, 2024

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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PRODUCTIVITY SEGMENT, INCLUDING A CASH SALE</p><p>((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B42XCP33.USD","symbol_name":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2481572856","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481572856","pubTimestamp":1730806885,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Nov 5  - 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B42XCP33.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4096":"电气部件与设备","IE00BVYPNV92.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) ACC","EMR":"艾默生电气","IE00BGHQF631.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) ACC","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","AZPN":"艾斯本","BK4588":"碎股","IE00BVYPNW00.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) ACC","IE00B3PB1722.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","BK4585":"ETF&股票定投概念","BK4023":"应用软件","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H"},"translate_title":"简报-艾默生提议以每股240美元现金收购Aspentech剩余流通股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EMR":1,"AZPN":0.9},"content_text":"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;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}