Eaton Corporation (ETN) PT Lowered to $335 at Jefferies
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Eaton named one of the World’s Most Ethical Companies® for the 14th time by the Ethisphere Institute
March 12, 2025 6:45 AM EDTRecognition honors organizations committed to best-in-class ethics, compliance and governance programs and is based on robust analysis.
CLEVELAND--(BUSINESS WIRE)-- Intelligent power management company Eaton (NYSE: ETN) has again received the 2025 Worlds Most Ethical Companies® recognition by Ethisphere, a global leader in... More
Eaton signs agreement to acquire Fibrebond Corporation, expanding reach into multi-tenant data center market
March 11, 2025 6:45 AM EDTDUBLIN--(BUSINESS WIRE)-- Intelligent power management company Eaton (NYSE: ETN) today announced it has signed an agreement to acquire Fibrebond Corporation, a designer and builder of pre-integrated modular power enclosures for data center, industrial, utility and communications customers. Under the terms of the agreement, Eaton will pay $1.4 billion for the acquisition of Fibrebond, which is expected to generate $110 million of estimated 2025 adjusted EBITDA.
Fibrebond is known for its engineering capabilities and customer focus in the industries they serve, including the multi-tenant data center market, said Mike Yelton, president, Americas Region, Electrical Sector. Its... More
Eaton Names Sergio Letelier Senior Vice President, Corporate Development, Planning and Strategy
March 10, 2025 6:45 AM EDTDUBLIN--(BUSINESS WIRE)-- Intelligent power management company Eaton (NYSE: ETN) today announced that Sergio Letelier has been named senior vice president, corporate development, planning and strategy, effective March 17, 2025. In this role, Letelier will be responsible for leading Eatons corporate strategy and global mergers and acquisitions activity, reporting to Olivier Leonetti, executive vice president and chief financial officer, and will join the companys executive leadership team.
This press release features multimedia. View the full release here:... More
