{"id":515493,"date":"2021-07-21T06:48:06","date_gmt":"2021-07-21T10:48:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/eaton-obtains-all-regulatory-approvals-to-close-the-sale-of-its-hydraulics-business-to-danfoss\/"},"modified":"2021-07-21T06:48:06","modified_gmt":"2021-07-21T10:48:06","slug":"eaton-obtains-all-regulatory-approvals-to-close-the-sale-of-its-hydraulics-business-to-danfoss","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/eaton-obtains-all-regulatory-approvals-to-close-the-sale-of-its-hydraulics-business-to-danfoss\/","title":{"rendered":"Eaton Obtains All Regulatory Approvals to Close the Sale of Its Hydraulics Business to Danfoss"},"content":{"rendered":"

<\/p>\n

Eaton Obtains All Regulatory Approvals to Close the Sale of Its Hydraulics Business to Danfoss<\/b><\/p>\n

Sale expected to close August 2, 2021<\/b><\/p>\n

DUBLIN–(BUSINESS WIRE<\/a>)–
\nPower management company Eaton (NYSE:ETN) is pleased to announce that the U.S. District Court for the District of Columbia has approved an order paving the way for the sale of the company\u2019s Hydraulics business to Danfoss A\/S. The company now has all the regulatory approvals it needs to close the transaction. Eaton currently expects the sale to close August 2, 2021.\n<\/p>\n

\nEaton\u2019s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic, and mechanical power \u2013 more safely, more efficiently, and more reliably. Eaton\u2019s 2020 revenues were $17.9 billion, and we sell products to customers in more than 175 countries. We have approximately 96,000 employees. For more information, visit Eaton.com<\/a>.\n<\/p>\n

\nThis news release contains forward-looking statements about the expected closing of the sale of our Hydraulics business. These statements should be used with caution and are subject to various risks and uncertainties, some of which are outside of the company\u2019s control. Factors that could cause these statements to become untrue include possible delay or difficulty closing the transaction. We do not assume any obligation to update these forward-looking statements.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210721005160\/en\/<\/a><\/span><\/p>\n

\nJennifer Tolhurst, Media Relations, +1 (440) 523-4006
\n
jennifertolhurst@eaton.com<\/a><\/p>\n

KEYWORDS:<\/b> Europe Ireland United States North America Ohio<\/p>\n

INDUSTRY KEYWORDS:<\/b> Engineering Other Manufacturing Manufacturing<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Eaton Obtains All Regulatory Approvals to Close the Sale of Its Hydraulics Business to Danfoss Sale expected to close August 2, 2021 DUBLIN–(BUSINESS WIRE)– Power management company Eaton (NYSE:ETN) is pleased to announce that the U.S. District Court for the District of Columbia has approved an order paving the way for the sale of the company\u2019s Hydraulics business to Danfoss A\/S. The company now has all the regulatory approvals it needs to close the transaction. Eaton currently expects the sale to close August 2, 2021. Eaton\u2019s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic, and mechanical … <\/p>\n

Continue reading “Eaton Obtains All Regulatory Approvals to Close the Sale of Its Hydraulics Business to Danfoss”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-515493","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEaton Obtains All Regulatory Approvals to Close the Sale of Its Hydraulics Business to Danfoss - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eaton-obtains-all-regulatory-approvals-to-close-the-sale-of-its-hydraulics-business-to-danfoss\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eaton Obtains All Regulatory Approvals to Close the Sale of Its Hydraulics Business to Danfoss - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Eaton Obtains All Regulatory Approvals to Close the Sale of Its Hydraulics Business to Danfoss Sale expected to close August 2, 2021 DUBLIN–(BUSINESS WIRE)– Power management company Eaton (NYSE:ETN) is pleased to announce that the U.S. District Court for the District of Columbia has approved an order paving the way for the sale of the company\u2019s Hydraulics business to Danfoss A\/S. 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