Eaton Corporation ETN today
announced that its previously announced pending acquisition of Cooper
Industries plc has received clearance from the Competition Bureau of
Canada. Receipt of this clearance satisfies a condition to the closing
of the transaction. The transaction remains subject to other customary
closing conditions, including, among others, certain additional
regulatory clearances and approval by the shareholders of both Eaton and
Cooper.
Eaton is a diversified power management company with more than 100 years
of experience providing energy-efficient solutions that help our
customers effectively manage electrical, hydraulic and mechanical power.
With 2011 revenues of $16.0 billion, Eaton is a global technology leader
in electrical components,
See full press release
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