Dana to combine with Eaton's Mobility business in USD 5.1 billion deal

Dana Incorporated agreed to combine with Eaton Corporation's Mobility business in a transaction valued at approximately USD 5.1 billion. The combined company will have an enterprise value of over USD 10.1 billion, with Eaton shareholders owning at least 50.1%.

“The transaction combines two highly complementary powertrain portfolios to create a comprehensive, differentiated leader in commercial and light vehicle markets.”kirkland.com

• 1 source
• kirkland.comKirkland Advises Dana on Combination with Eaton’s Mobility Business | News | Kirkland & Ellis LLPJun 1, 2026

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