Seeking Alpha

Emerson Electric (EMR -0.7%) has approached U.K. company Invensys (IVNYY.PK) about acquiring its...

Emerson Electric (EMR -0.7%) has approached U.K. company Invensys (IVNYY.PK) about acquiring its Foxboro unit, a maker of meters and control systems, and even possibly the whole firm, Bloomberg reports. Invensys, whose market cap is $2.6B, is exploring its options, and has spoken to GE and Siemens (SI), which is interested in Invensys' rail ops.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|