Danaher corporation and eaton complete apex tool group divestiture
Washington--(business wire)--the following announcement is also being issued by danaher: danaher corporation (nyse: dhr) and eaton (nyse:etn) announced today that they have completed the previously announced sale of apex tool group to bain capital. danaher and cooper industries each maintained a 50 percent joint venture ownership interest in apex. cooper industries was acquired by eaton on november 30, 2012. the divestiture of apex tool group was previously announced on october 10, 2012. danaher is a science and technology leader that designs, manufactures, and markets innovative products and services to professional, medical, industrial, and commercial customers. our premier brands are among the most highly recognized in each of the markets we serve. the danaher business system provides a foundation to our 63,000 associates around the world, serving customers in more than 125 countries. in 2012, we generated $18.3 billion of revenue. for more information please visit our website: www.danaher.com. eaton is a diversified power management company providing energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power. the company is a global technology leader in electrical products, systems and services for power quality, distribution and control, power transmission, lighting and wiring products; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. eaton acquired cooper industries plc in 2012. eaton has approximately 100,000 employees and sells products to customers in more than 150 countries. for more information, visit www.eaton.com.
DHR Ratings Summary
DHR Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission