# Eaton in advanced talks to acquire Ulusoy Elektrik for $300M

Eaton Corporation has entered advanced talks to acquire Turkey's Ulusoy Elektrik in a potential deal worth about $300 million.

- Type: Acquisition
- Announced: 2018-11-28
- Where: Türkiye
- Value: $300.0M
- Status: rumored
- Products: power management equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Eaton](https://endata.com/companies/2829.md) (acquirer)
- [Ulusoy Elektrik](https://endata.com/companies/35735.md) (target)

## Sources

- [dukascopy.com](https://www.dukascopy.com/swiss/chinese/marketwatch/market-news/Market-News-and-Research/108929/), 2018-11-28: "The New York-listed power management group Eaton Corporation has entered the advanced talks to acquire Turkey's Ulusoy Elektrik in a potential deal worth about $300M."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.