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Danfoss Divests To Get DOJ Blessing On $3.3B Eaton Buy


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Danfoss Divests To Get DOJ Blessing On $3.3B Eaton Buy
Law360 (July 14, 2021, 8:35 PM EDT) Danish engineering company Danfoss will be ditching some of its orbital motor and hydraulic steering unit business in order to get the U.S. Department of Justice s blessing on a $3.3 billion deal with Eaton Corp., the DOJ declared Wednesday.
If left untouched, Danfoss deal to pick up Eaton s hydraulic business would have meant higher prices and lower quality for equipment manufacturers in the two industries, according to the Department of Justice.
But the deal the agency has worked out with the companies, which will see them shed around a half-dozen factories to one of their rivals, should assuage any concerns about harming competition,. ....

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Analyst Ratings For Eaton Corp

Analyst Ratings For Eaton Corp
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Portable Generator Market in Heavy Electrical Equipment Industry to reach $ 680.03 million


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NEW YORK, July 12, 2021 /PRNewswire/
The unreliable power grid infrastructure in developing countries and the emergence of dual fuel generator technology will further boost market growth during the forecast period, says a senior analyst at Technavio.
Technavio has announced its latest market research report titled Portable Generator Market by End-user, Type, and Geography - Forecast and Analysis 2020-2024
Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries; however, the immediate impact of the outbreak is varied. COVID-19 will have At Par impact on the portable generator market. ....

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