Rockwell Still Resisting Emerson’s Offers for Deal
On 22 November 2017 Milwaukee-based Rockwell Automation rejected St. Louis- based Emerson Electric’s proposed acquisition for to US$225 per share, or approximately US$29 billion. This latest offer represents the third time in as many months that Emerson has been stymied by its smaller rival.
The roll-up of Rockwell and more diversified Emerson would shake up the competitive landscape for electrical drives, including those for water and wastewater applications.
In this Research Note, Bluefield’s water experts analyze the implications and likelihood of such a deal going forward and the impact on competing suppliers. More analysis of U.S. Municipal water markets.