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Eaton Joins List of Conglomerates Leaving Lighting with Announced Plans for Spin-Off

The move will create a stand-alone powerhouse in luminaires and controls with a package of brands mostly built by Cooper Industries, which Eaton acquired in 2012.

Eaton Corp., Dublin, Ireland, said it intends to pursue a tax-free spin-off of its Lighting business. The spin-off will create an independent, publicly traded company and is expected to be completed by the end of 2019.

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TAGS: Lighting
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