EMR Acquires Remaining Stake in AspenTech, Boosts Automation Portfolio
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Emerson Electric Co. (EMR) has acquired the remaining stake in AspenTech, enhancing its automation portfolio and enabling entry into new markets.
March 14, 2025 | 2:15 pm
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Emerson Electric Co. has completed the acquisition of the remaining stake in AspenTech, which is expected to enhance its automation portfolio and allow entry into new markets.
The acquisition of AspenTech's remaining stake by Emerson Electric Co. is a strategic move to enhance its automation capabilities and expand into new markets. This is likely to positively impact EMR's stock price in the short term as it strengthens its market position.
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