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Electronics Production | September 12, 2012

Eaton cleared to purchase Cooper Industries

Industrial manufacturer Eaton Corporation has received clearance to acquire Cooper Industries.

The previously announced pending acquisition was cleared from the Competition Bureau of Canada. Eaton and Cooper will be combined under a new company incorporated in Ireland, where Cooper is incorporated today. The newly created company, which is expected to be called Eaton Global Corporation Plc or a variant thereof (“New Eaton”), will be led by Alexander M. Cutler, Eaton’s current chairman and chief executive officer.
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