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Emerson proposes to acquire Rockwell Automation in $29 billion deal · Endata

◂ Announcements

Automation and Roboticsworld trade 2024+4.2% 5Y CAGR

Electrical Equipmentworld trade 2024+7.2% 5Y CAGR

Nov 16, 2017ACQUISITION

Emerson proposes to acquire Rockwell Automation in $29 billion deal

Emerson chairman and CEO David N. Farr has proposed in a letter to acquire all outstanding shares of Rockwell Automation at a total enterprise value of about $29 billion, with the combined company to be renamed Emerson Rockwell.

Value

$29.0B

Status

Announced

Productsindustrial automation

CompaniesEmerson acquirer Rockwell Automation target

Sectors#Automation and Robotics #Electrical Equipment

“Emerson chairman and CEO David N. Farr has sent a letter to Rockwell Automation president and CEO Blake D. Moret proposing to acquire all outstanding shares of Rockwell.”vma.org

1 source
vma.orgEmerson Proposes to Acquire Rockwell Automation - Valve Manufacturers Association of AmericaNov 16, 2017

Summarized from public sources; check the original articles before acting on it.

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