Dana to combine with Eaton's Mobility business in $5.1B Reverse Morris Trust deal

Dana Incorporated agreed to combine with Eaton's Mobility business in a transaction valued at about USD 5.1 billion, structured as a Reverse Morris Trust, with Eaton shareholders owning at least 50.1% of the combined company and $250 million of run-rate synergies expected within 24 months.

“Dana Incorporated today announced it has entered into a definitive agreement with Eaton Corporation plc to combine with Eaton's Mobility business in a transaction valued at approximately $5.1 billion”dana.com

• 1 source
• dana.comDana Incorporated Announces Agreement to Combine with Eaton's Mobility Business, Strengthens Dana's Position as a Leading Global Powertrain Systems ProviderJun 11, 2026

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