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Eaton To Sell Its Hydraulics Business For $3.3 Billion


Wednesday, 22 Jan 2020 

Jan 21 (Reuters) - Eaton Corporation PLC ::EATON REACHES AGREEMENT TO SELL ITS HYDRAULICS BUSINESS FOR $3.3 BILLION.EATON CORPORATION PLC - ENTERED INTO AN AGREEMENT TO SELL ITS HYDRAULICS BUSINESS TO DANFOSS A/S.EATON CORPORATION PLC - IS RETAINING FILTRATION AND GOLF GRIP BUSINESSES CURRENTLY REPORTED IN COMPANY'S HYDRAULICS SEGMENT.EATON CORPORATION PLC - EATON'S HYDRAULICS BUSINESS ACCOUNTED FOR 86 PERCENT OF EATON'S HYDRAULICS SEGMENT REVENUE IN 2019.EATON CORPORATION PLC - DEAL FOR FOR $3.3 BILLION IN CASH. 

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