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Danaher Corporation and Eaton Complete Sale of Apex Tool Group to Bain Capital. Danaher and Cooper Industries

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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

See full press release

Posted-In: News Guidance Management Stock Split

 

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