- In October 2023, Emerson completed its acquisition of National Instruments (NI) for USD 8.2 billion, marking a significant development in the automation industry. This strategic move aims to enhance Emerson's capabilities in software-connected automated test and measurement systems, integrating NI as a new Test & Measurement segment within Emerson's Software and Control group. The acquisition is expected to expand Emerson's reach into high-growth markets such as semiconductors, transportation, and aerospace, while also increasing its exposure to industrial software markets. In addition, Emerson anticipates achieving USD165 million in cost synergies over five years, bolstering its position as a global automation leader
- In December 2023, Chemours, DuPont, and Corteva reaffirmed their commitment to a USD 1.185 billion settlement addressing PFAS-related drinking water claims from U.S. public water systems. This agreement aims to resolve liabilities associated with PFAS contamination, ensuring funds are allocated for water treatment and remediation efforts. By supporting this settlement, the companies seek to mitigate legal uncertainties and reinforce their dedication to environmental responsibility, potentially setting a precedent for industry-wide accountability in managing PFAS impacts
