Aspen Technology shares have surged beyond Emerson Electric’s proposed acquisition price, igniting market speculation that the industrial software giant is worth more than the offered $15.1 billion. The initial cash proposal of $240 per share by Emerson Electric has been eclipsed as Aspen Technology’s stock climbed nearly 5%, trading above $249 per share in premarket […]
Dover Corporation (NYSE: DOV), a leading diversified global manufacturer, has announced the completion of the sale of its De-Sta-Co business to Stabilus SE, a transaction valued at $680 million. This significant move was initially disclosed in October 2023, when Dover entered into a definitive agreement to divest De-Sta-Co, a part of its Engineered Products segment, […]
In a pivotal decision amplifying its position in the motion control solutions arena, Stabilus SE, a global leader in the field, is set to acquire DESTACO, a prominent supplier of industrial automation components. Dover Corporation, a diversified industrial manufacturer rooted in the USA, will transfer ownership of DESTACO to Stabilus in a cash transaction valued […]