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Dana to Combine With Eaton’s Mobility Business in $5.1 Billion Deal
Key takeaways
- The companies on Thursday said Eaton shareholders would own at least 50.1% of the combined company at closing, with Dana shareholders set to own about 49.9%.
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Dana to Combine With Eaton’s Mobility Business in $5.1 Billion Deal Connor Hart Thu, June 11, 2026 at 8:02 PM GMT+7 2 min read ETN Dana said it has agreed to combine with Eaton’s Mobility business in a $5.1 billion deal. - Rory Doyle for WSJ Dana said it agreed to combine with Eaton’s Mobility business in a $5.1 billion deal, aiming to create a more comprehensive supplier serving commercial- and light-vehicle markets.
The companies on Thursday said Eaton shareholders would own at least 50.1% of the combined company at closing, with Dana shareholders set to own about 49.9%. Under the deal’s terms, Eaton would receive a cash distribution of roughly $1.1 billion, subject to adjustments.
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