Dana agrees to combine with Eaton Mobility business in USD 5.1 billion deal

Dana

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  • Dana will combine with Eaton’s Mobility business in a deal valuing Eaton Mobility at about USD 5.1 billion.
  • Pro forma 2026 profile: about USD 11 billion sales, about USD 1.7 billion adjusted EBITDA, about 15% margin.
  • Eaton shareholders to own at least 50.1% of the combined company; Dana shareholders about 49.9% at closing.
  • Eaton to receive about USD 1.1 billion cash distribution, funded through new debt raised before closing.
  • USD 250 million annual run-rate synergies targeted within 24 months; closing expected in Q1 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DANA Incorporated published the original content used to generate this news brief via PR Newswire (Ref. ID: CL81314) on June 11, 2026, and is solely responsible for the information contained therein.