8-KThe WireRoutine
Company Update
Filed Aug 8, 2022 · 3y ago · Accession 0000950103-22-013742
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
______________________
FORM 8-K
______________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
August 8, 2022
______________________
Emerson Electric Co.
(Exact name of registrant as specified in its
charter)
______________________
Missouri
1-278
43-0259330
(State or other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
8000 West Florissant Avenue
St. Louis , Missouri
(Address of Principal Executive Offices)
63136
(Zip Code)
Registrant's telephone number, including area
code: ( 314 ) 553-2000
______________________
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange
on which registered
Common Stock of $0.50 par value per share
EMR
New York Stock Exchange
NYSE
Chicago
0.375% Notes due 2024
EMR 24
New York Stock Exchange
1.250% Notes due 2025
EMR 25A
New York Stock Exchange
2.000% Notes due 2029
EMR 29
New York Stock Exchange
Indicate by
check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of
this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
☐
Emerging growth company
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any
new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
On August 8, 2022, Emerson Electric Co. (the
“Company”) announced an agreement to sell its InSinkErator business to Whirlpool Corporation. The purchase agreement
for the transaction includes customary representations, warranties and covenants by the parties. The transaction is expected to
close in the Company's 2023 fiscal year, subject to regulatory approvals and other customary closing conditions. A copy of the press
release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
Description
99.1
Press Release issued by Emerson Electric Co. on August 8, 2022.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
FORWARD-LOOKING STATEMENTS
Statements in this Current Report on Form 8-K that are not strictly historical may be “forward-looking”
statements, which involve risks and uncertainties, and the Company undertakes no obligation to update any such statements to reflect
later developments. These risks and uncertainties include the Company's ability to successfully complete on the terms and conditions
contemplated, and the financial impact of, the proposed sale of its InSinkErator food waste disposal business, the financial impact of
the AspenTech acquisition, the scope, duration and ultimate impact of the COVID-19 pandemic and the Russia-Ukraine conflict, as well
as economic and currency conditions, market demand, including related to the pandemic and oil and gas price declines and volatility,
pricing, protection of intellectual property, cybersecurity, tariffs, competitive and technological factors, inflation, among others,
as set forth in the Company's most recent Annual Report on Form 10-K and subsequent reports filed with the SEC.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 8, 2022
EMERSON ELECTRIC CO.
(Registrant)
By:
/s/ John Sperino
Name:
John Sperino
Title:
Vice President & Assistant Secretary
Filing details
- Company
- EMERSON ELECTRIC CO
- Ticker
- EMR
- CIK
- 32604
- Form type
- 8-K
- Filing date
- Aug 8, 2022
- Report date
- Aug 8, 2022
- Document
- dp178381_8k.htm
- Size
- 289 KB