Eaton Corporation (NYSE:ETN) is set to acquire Irish electrical equipment supplier Cooper Industries plc. (NYSE:CBE). Both the companies have already signed a definitive agreement related to the proposed acquisition. The total equity value of this transaction is estimated at $11.8 billion.
Post regulatory, shareholders and other approvals, the new organization will be named Eaton Global Corporation Plc and will be based in Ireland. The shares of the new entity will be registered with the U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards