8-KRegulation FDExhibits & Filings

EMERSON ELECTRIC CO 8-K Report, Regulation FD Disclosure (Aug 27, 2020)

Filed August 27, 2020For Securities:EMR

Summary

Emerson Electric Co. (EMR) announced on August 27, 2020, its entry into a definitive agreement to acquire Open Systems International, Inc. (OSI). This strategic move signals Emerson's intent to bolster its presence in the industrial automation sector, specifically targeting the process control and automation needs of utility, energy, and other process industries. The acquisition is expected to enhance Emerson's automation solutions portfolio and capabilities. Management is discussing this significant development during an investor conference call on August 27, 2020, with a webcast available for interested parties. While specific financial terms of the acquisition were not detailed in this 8-K filing, the accompanying press release (Exhibit 99.1) is expected to provide further context. Investors should monitor future filings for details on the transaction's financial impact and integration plans.

Key Highlights

  • 1Emerson Electric Co. (EMR) has entered into a definitive agreement to acquire Open Systems International, Inc. (OSI).
  • 2The acquisition aims to enhance Emerson's capabilities in the process control and automation market, particularly for utility and energy sectors.
  • 3A press release regarding the acquisition was issued on August 27, 2020, and furnished as an exhibit (Exhibit 99.1).
  • 4Emerson management is hosting an investor conference call and webcast on August 27, 2020, to discuss the acquisition.
  • 5The filing includes standard forward-looking statements and cautionary disclosures regarding risks and uncertainties, including the impact of the COVID-19 pandemic.

Frequently Asked Questions

The acquisition of OSI is intended to strengthen Emerson's position in the industrial automation market. Specifically, it aims to enhance their offerings for the process control and automation needs of utility, energy, and other process industries, thereby expanding their automation solutions portfolio.

The acquisition was announced via a press release on August 27, 2020. This press release has been furnished as Exhibit 99.1 to the 8-K filing. Investors can also refer to the investor conference call and webcast held on the same day for management's discussion on the transaction.

This 8-K filing primarily serves to announce the definitive agreement and provide access to the press release. Specific financial terms of the acquisition are not detailed within the 8-K itself but are likely to be found in the accompanying press release (Exhibit 99.1) or disclosed in subsequent filings.

As with any acquisition, potential risks include integration challenges, achieving projected synergies, and the overall market reception. Emerson also notes general risks such as the scope and impact of the COVID-19 pandemic, economic and currency conditions, market demand, and competitive factors, as detailed in their SEC filings.