Dana Gets EU Approval to Acquire Eaton's Mobility Business

MT newswire2026/10/09 10:43

06:43 AM EDT, 10/09/2026 (MT Newswires) -- Dana (DAN) has received European Commission approval to acquire Eaton's (ETN) mobility business, the regulator said Friday The Commission said it has cleared the transaction under the EU Merger Regulation following a simplified merger review procedure, concluding that the transaction would not raise competition concerns because the companies would have limited market positions.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Huang Licheng’s Ethereum long positions were liquidated, with total losses exceeding $35.37 million.

AiCoin•2026/10/24 15:29

American Express Stock Shocks Despite Positive Revenue and Earnings

BeInCrypto•2026/10/24 15:27

CMCC Global plans to launch two tokenized bitcoin funds, with the Liberty Fund targeting an annualized net BTC yield of 8% to 12%.

Odaily星球日报•2026/10/24 13:59

The AI arms race extends upstream! Reports say Intel, Nvidia, and AMD are prepaying over 100 billions NTD to secure advanced IC substrate production capacity.

NVIDIA, Intel, and AMD have collectively spent $5 billion in advance payments to aggressively secure high-end IC substrates from Taiwan. Driven by "big money for guaranteed orders," the top three Taiwanese substrate manufacturers have invested a record NT$161.2 billion to expand their production capacity. The tech giants' substantial financial commitments to secure supply chains highlight the intense competition and extreme scarcity of core AI materials.

华尔街见闻•2026/10/24 11:11