Flexible Electronics News

Emerson Announces Key Actions to Complete Portfolio Transformation

Proposes to acquire remaining outstanding shares of AspenTech for $240 per share in cash.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Emerson announced three key strategic and financial actions in the final phase of its portfolio transformation to an industrial technology leader focused on automation:  • Emerson has made a proposal to acquire all outstanding shares of common stock of As-penTech not already owned by Emerson for $240 per share in cash. The proposed transaction follows Emerson’s 55% majority investment in AspenTech, which was completed in 2022. Emerson currently owns approximately 57% of AspenTech’s outstanding ...

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