Eaton Corp Says Acquisition of Cooper Gets Clearance from South Korea and Turkey

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Diversified industrial manufacturer Eaton Corporation
ETN
today announced that its previously announced pending acquisition of Cooper Industries plc has received clearance from South Korea's Korean Fair Trade Commission and the Turkish Competition Authority. Receipt of these clearances satisfies a condition to the closing of the transaction. The transaction remains subject to other customary closing conditions, including, among others, certain additional regulatory clearances and approval by the shareholders of both Eaton and Cooper.
Posted In: NewsM&AGlobal
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