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Eaton to acquire 50% stake in Jiangsu YiNeng Electric's busway business · Endata

◂ Announcements

Mar 6, 2019ACQUISITIONChina, China

Eaton to acquire 50% stake in Jiangsu YiNeng Electric's busway business

Eaton has signed an agreement to acquire a 50 percent stake in Jiangsu YiNeng Electric's busway business, which manufactures and markets busway products in China and had sales of $60 million in 2020.

Status

Announced

Productsbusway products

CompaniesEaton acquirer Jiangsu YiNeng Electric target

Sectors#Electrical Equipment

“Eaton today announced it has signed an agreement to acquire a 50 percent stake in Jiangsu YiNeng Electric’s busway business”markets.bostonherald.com

1 source
markets.bostonherald.comBoston Herald - Boston news, sports, politics, opinion, entertainment, weather and obituaries - Eaton to Acquire a 50 Percent Stake in Jiangsu YiNeng Electric’s Busway BusinessAssociated PressMar 6, 2019

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

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