Eaton to combine mobility unit with Dana in $10 billion deal
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Eaton Advances 2030 Growth Strategy with Announcement to Combine Mobility Group with Dana Incorporated
June 11, 2026 6:30 AM EDTEnhances Eatons focus on higher growth, higher margin Electrical and Aerospace businesses directly aligned to secular megatrends Immediately accretive to Eatons organic growth rate and operating margins upon closing, expected in the first quarter of 2027 Reverse Morris Trust transaction values combined company at over $10 billion in enterprise value and Eatons Mobility Group at approximately $5.1 billion Eaton to receive an approximately $1.1 billion cash distribution; Eaton shareholders to own at least 50.1% of the combined company Combined company shareholders to benefit from $250 million of run-rate synergies
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