Emerson Electric Co.

NYSE:EMR   3:59:53 PM EDT
96.52
-0.12 (-0.12%)
4:00:00 PM EDT: $96.59 +0.07 (+0.07%)
Other Pre-Announcement

Emerson To Merge Software Units With AspenTech in $11 Bln Deal

Published: 10/11/2021 15:51 GMT
Emerson Electric Co. (EMR) - Emerson to Accelerate Software Strategy to Capitalize on High Growth Industry Verticals and Technology Segments in Transaction With Aspentech.
Emerson Electric Co - Emerson to Receive 55% Stake of New Aspentech.
Emerson Electric Co - Emerson Reaffirms Fiscal Year 2021 Underlying Sales Guidance of 5% to 6% and Adjusted EPS Guidance of $4.06 to $4.08.
Emerson Electric Co - Aspentech Shareholders to Receive Approximately $87 per Share in Cash and 0.42 Shares of New Aspentech for Each Aspentech Share.
Emerson Electric Co - Emerson Reaffirms Fiscal Year 2021 Underlying Sales Guidance of 5% to 6% and Adjusted EPS Guidance of $4.06 to $4.08.
Emerson Electric Co - Emerson Will Also Contribute $6.0 Billion in Cash to New Aspentech, Which Will Be Received by Aspentech Shareholders.