Eaton to combine Mobility Group with Dana in $10B deal

Eaton will separate and combine its mobility group with Dana Incorporated via a Reverse Morris Trust transaction, valuing the combined company at over $10 billion. Eaton shareholders will own at least 50.1% of the combined company.

“This morning, we announced that we have entered into a definitive agreement to combine our Mobility Group with Dana Incorporated.”paulweiss.com

• 2 sources
• paulweiss.comEaton to Separate and Combine Mobility Unit With Dana Incorporated in $10 Billion Deal | Paul, WeissJun 11, 2026
• sec.govFORM 8-KJun 11, 2026

Summarized from public sources; check the original articles before acting on it.