Emerson Electric Agrees to Acquire Remaining Aspen Technology Stock in $7.2 Bln Deal

Dow Jones

Jan 27, 2025

By Adriano Marchese

Emerson Electric has agreed to acquire the remaining stock of Aspen Technology valuing the software company's remaining stake at $7.2 billion.

Emerson, an automation technology giant, is set to acquire the remaining minority shares, representing about 43% of the company's stock at a price of $265.00 a share, the two companies said Monday.

Emerson currently owns about 57% of Aspen's stock after it made an investment in 2022 where it acquired a 55% majority position.

Aspen's stock has risen over the last 52 weeks, climbing nearly 27% to close on Friday at $255.16.

The deal values the total company at a fully diluted market capitalization of $17 billion with an enterprise value of $16.8 billion.

Once the transaction closes, Aspen would become a subsidiary of Emerson, and Lal Karsanbhai, Emerson's chief executive officer, said that the company expects to fully integrate Aspen into the business to advance its vision for software-defined control.

The transaction is expected to close in the first half of this year.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

January 27, 2025 07:11 ET (12:11 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2506937620","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506937620","pubTimestamp":1737979860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Emerson Electric has agreed to acquire the remaining stock of Aspen Technology valuing the software company's remaining stake at $7.2 billion.Emerson, an automation technology giant, is set to acquire the remaining minority shares, representing about 43% of the company's stock at a price of $265.00 a share, the two companies said Monday.Emerson currently owns about 57% of Aspen's stock after it made an investment in 2022 where it acquired a 55% majority position.Aspen's stock has risen over the last 52 weeks, climbing nearly 27% to close on Friday at $255.16.The deal values the total company at a fully diluted market capitalization of $17 billion with an enterprise value of $16.8 billion.Once the transaction closes, Aspen would become a subsidiary of Emerson, and Lal Karsanbhai, Emerson's chief executive officer, said that the company expects to fully integrate Aspen into the business to advance its vision for software-defined control.The transaction is expected to close in the first h","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件","BK4597":"股息贵族","IE00BVYPNV92.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) ACC","IE00BGHQF631.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) ACC","BK4096":"电气部件与设备","BK4543":"AI","IE00B3PB1722.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","BK4585":"ETF&股票定投概念","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","IE00B42XCP33.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","AZPN":"艾斯本","BK4588":"碎股","IE00BVYPNW00.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) ACC","EMR":"艾默生电气","LU2355687059.USD":"NORDEA 1 GLOBAL IMPACT  \"BP\" (USD) ACC"},"translate_title":"艾默生电气同意以72亿美元收购Aspen Technology剩余股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EMR":1,"AZPN":1},"content_text":"By Adriano Marchese \n\n\n \n\n\n  Emerson Electric has agreed to acquire the remaining stock of Aspen Technology valuing the software company's remaining stake at $7.2 billion. \n\n\n  Emerson, an automation technology giant, is set to acquire the remaining minority shares, representing about 43% of the company's stock at a price of $265.00 a share, the two companies said Monday. \n\n\n  Emerson currently owns about 57% of Aspen's stock after it made an investment in 2022 where it acquired a 55% majority position. \n\n\n  Aspen's stock has risen over the last 52 weeks, climbing nearly 27% to close on Friday at $255.16. \n\n\n  The deal values the total company at a fully diluted market capitalization of $17 billion with an enterprise value of $16.8 billion. \n\n\n  Once the transaction closes, Aspen would become a subsidiary of Emerson, and Lal Karsanbhai, Emerson's chief executive officer, said that the company expects to fully integrate Aspen into the business to advance its vision for software-defined control. \n\n\n  The transaction is expected to close in the first half of this year. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 27, 2025 07:11 ET (12:11 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}