Emerson (EMR) has identified $165M of cost synergy opportunities by the end of year 5 through application of best practices from the Emerson Management System. Emerson intends to drive productivity improvements and streamline duplicative costs across general and administrative, sales and marketing, and research and development functions, while leveraging Emerson’s scale in manufacturing and supply chain. Additional opportunities to enhance NI’s (NATI) free cash flow generation will be pursued through proven operational excellence and productivity levers.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on EMR:
- Emerson (NYSE:EMR) Acquires National Instruments for $60 a Share
- Emerson to Advance Global Automation Leadership Through Acquisition of NI
- Emerson near deal to buy National Instruments for about $60/shr, Bloomberg says
- Emerson Electric price target lowered to $105 from $115 at Loop Capital
- Emerson Electric appoints Vidya Ramnath as Chief Marketing Officer