Emerson Electric Co (EMR.N)
21 Nov 2017
Nov 17 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
U.S. industrial automation equipment company Emerson Electric Co raised its cash-and-stock offer to acquire Rockwell Automation Inc to $29 billion (£22 billion) on Thursday, ratcheting up pressure on its smaller peer to engage in deal talks.
* Rockwell shares up 7 pct, Emerson down 2 pct premarket (Adds Rockwell's statement, analysts' comments, BreakingViews link, and updates shares)
Nov 16 The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Thursday:
* Rockwell automation to review revised unsolicited proposal from emerson
BRIEF-Emerson proposes to acquire Rockwell Automation in cash and stock transaction valued at $29 billion
* Emerson proposes to acquire Rockwell Automation for $225 per share in cash and stock transaction valued at $29 billion
Nov 16 Emerson Electric Co boosted its takeover offer for Rockwell Automation Inc to about $29 billion, after a previous offer of $27.6 billion was rebuffed last month.
* Temasek Holdings (Private) Ltd takes share stake of 982,057 Class A shares in Vantiv Inc - SEC filing
MUNICH German engineering company Siemens reported a worse than expected 10 percent drop in quarterly industrial profit and signalled a tough year ahead as it restructures its turbine and wind power businesses. | Video
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