Eaton Reaches Agreement to Sell Its Hydraulics Business for $3.3 Billion

Power management company Eaton (NYSE:ETN) today announced it has entered into an agreement to sell its Hydraulics business to Danfoss A/S, a Danish industrial company, for $3.3 billion in cash. This represents a 13.2 …

Power management company Eaton (NYSE:ETN) today announced it has entered into an agreement to sell its Hydraulics business to Danfoss A/S, a Danish industrial company, for $3.3 billion in cash. This represents a 13.2 ...