Mergers & Acquisitions ·
Dana Incorporated announced a proposed combination with the Vehicle and eMobility business segments of Eaton…
DANDANA Inc
Dana Incorporated announced a proposed combination with the Vehicle and eMobility business segments of Eaton Corporation plc. The transaction involves the creation of a new entity, Mobility (USA) Corporation (SpinCo), SpinCo shares will be issued to Eaton shareholders in an exchange offer. An exchange offer for SpinCo shares for Eaton ordinary shares will be following the following structure. Dana is an automotive component manufacturer that provides drivetrain-related products and services.