Eaton (ETN) Tops Q4 EPS by 8c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus

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Go back to Eaton (ETN) Tops Q4 EPS by 8c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus

Eaton (ETN) to Acquire Cobham Mission Systems for $2.83 Billion

February 1, 2021 6:58 AM EST

Power management company Eaton (NYSE: ETN) today announced it has signed an agreement to acquire Cobham Mission Systems (CMS), a leading manufacturer of air-to-air refueling systems, environmental systems, and actuation primarily for defense markets. Under the terms of the agreement, Eaton will pay $2.83 billion for CMS, inclusive of $130 million in tax benefits. Excluding the amount paid for tax benefits, the purchase price represents approximately 14 times CMSs 2020 EBITDA... More

Eaton (ETN) Reports Acquisition of Tripp Lite

January 29, 2021 6:53 AM EST

Power management company Eaton (NYSE: ETN) today announced it has signed an agreement to acquire Tripp Lite, a leading supplier of power quality products and connectivity solutions including single-phase uninterruptible power supply systems, rack power distribution units, surge protectors, and enclosures for data centers, industrial, medical, and... More