Emerson Electric to acquire 100% stake in Roxar - MarketLine Financial Deals

Emerson Electric to acquire 100% stake in Roxar

Emerson Electric to acquire 100% stake in Roxar - MarketLine Financial Deals
Emerson Electric to acquire 100% stake in Roxar
Published Mar 02, 2009
3 pages — Published Mar 02, 2009
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Abstract:

Emerson Electric Co., a US-based diversified manufacturing and technology company, through its wholly-owned subsidiary Aegir Norge Holding AS, has reached an agreement to acquire 100% stake in Roxar ASA at a price of NOK5.20 ($0.735) per share in cash. The transaction is valued at approximately NOK1,266 million ($179 million). Roxar offers software for reservoir interpretation, modeling and simulation, as well as instrumentation for well planning, monitoring and metering. Both Aegir Norge and Roxar are based in Norway.

  
Source:
Document ID
MA02030_090303
Country
Country
Ticker
EMR=US
Ticker
ROX=NO
Company
Format:
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Emerson Electric to acquire 100% stake in Roxar" Mar 02, 2009. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Emerson-Electric-to-acquire-100-stake-in-Roxar-2052-1943>
  
APA:
MarketLine Financial Deals. (2009). Emerson Electric to acquire 100% stake in Roxar Mar 02, 2009. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Emerson-Electric-to-acquire-100-stake-in-Roxar-2052-1943>
  
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