Emerson to merge software units with AspenTech in $11 bln deal

  • 10/11/2021
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Oct 11 (Reuters) - Industrial-automation systems maker Emerson Electric Co (EMR.N) said on Monday it would merge its software units with smaller rival Aspen Technology (AZPN.O) in a deal for about $11 billion. The cash-and-stock deal is for about $160 per AspenTech share, the company said.

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