Eaton to sell Hydraulics business to Danfoss for USD 3.3 billion

Eaton announced it has entered into an agreement to sell its Hydraulics business to Danfoss A/S, a Danish industrial company, for USD 3.3 billion in cash. Eaton’s Hydraulics business, which accounted for 86% of Eaton’s Hydraulics segment revenue in 2019, is a global leader in hydraulics components, systems, and servi....

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