Eaton Reaches Agreement to Sell Its Lighting Business

Power management company Eaton (NYSE:ETN) today announced that it has entered into an agreement to sell its Lighting business to Signify N.V. (Euronext:LIGHT) for a cash purchase price of $1.4 billion. The decision …

Power management company Eaton (NYSE:ETN) today announced that it has entered into an agreement to sell its Lighting business to Signify N.V. (Euronext:LIGHT) for a cash purchase price of $1.4 billion. The decision ...