 Blake Moret |
Rockwell Automation is using Joele Frank, Wilkinson Brimmer Katcher as it rejects an unsolicited $28B takeover bid by Emerson, the St. Louis-based industrial/residential products giant.
After consulting with financial and legal advisors, Rockwell’s board unanimously decided that Emerson’s $200 per-share offer of stock/cash was not in the best interest of shareholders.
CEO Blake Moret said the board is confident that his management’s strategic direction and ability will deliver superior levels of growth and value creation.
Emerson confirmed the private offer made to the Milwaukee-headquartered company and said it “remains a disciplined acquirer and will only pursue transactions that are in the best interests of its shareholders.”
JF’s Barrett Golden, Jamie Moser and Scott Bisang rep Rockwell.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
