Shares of Aspen Technology Inc (AZPN) traded over 2% lower in Monday’s pre-market session after Emerson Electric Co (EMR) said the $265 per share price for acquiring all outstanding shares of ...

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.

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Emerson’s Aspen Technology business have announced a strategic ...

Emerson Electric (NYSE: EMR) agreed to buy the shares of Aspen Technology (NASDAQ: AZPN) it didn’t own in a deal that values the software company’s remaining stake at $7.2 billion.

In May 2022, Emerson's OSI Inc. and Geological Simulation Software (“GSS”) businesses were merged with Aspen. Emerson gave Aspen $6 billion in cash in exchange for a 55% ownership in the company.

Aspen Technology, Inc. (NASDAQ:AZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced that its Board of Directo ...

Aspen Technology (NASDAQ: AZPN) was raised to buy at Loop Capital on the likelihood of a higher bid from Emerson (EMR) amid a push from activist Elliott Investment Management.

On Nov. 5, 2024, Emerson Electric (EMR), which currently owns approximately 57.4% of Aspen's outstanding shares, issued a tender offer to acquire all outstanding shares of Aspen not already owned ...

(Reuters) - Emerson Electric said on Monday that its $265 per-share offer to acquire Aspen Technology was its "best and final" price. The announcement comes days after activist investor Elliott ...

Shares of Aspen Technology are increasing by 5% in the pre-market trading. In the pre-market trading, Emerson Electric is 1.83% higher at $129.81 on the New York Stock Exchange.

Ferguson-based technology and engineering firm Emerson Electric said its new software subsidiary, Aspen Technology, has made its first acquisition under Emerson's majority ownership, a deal that ...

Emerson acquired a 55% position in Aspen in 2022 and until May 2024 had a standstill agreement preventing it from acquiring additional stock (it got to 57% through share repurchases by the company).