M&A
confidence high
sentiment positive
materiality 0.85
Emerson to acquire remaining AspenTech shares for $265/share, valuing minority at $7.2B
EMERSON ELECTRIC CO
- Emerson (EMR) will acquire the ~43% of AspenTech (AZPN) it does not already own at $265/share cash via tender offer.
- Minority stake valued at $7.2B; total company market cap ~$17.0B; enterprise value $16.8B.
- Emerson currently owns ~57% of AspenTech following 2022 majority investment; AspenTech will become wholly owned.
- Transaction unanimously approved by AspenTech special committee and both boards; expected to close H1 2025.
- Condition: at least a majority of minority stockholders must tender shares in the offer.