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Eaton lighting

Eaton to Spin Off Lighting

The move will create a stand-alone powerhouse in luminaires and controls.

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. Goldman Sachs is serving as Eaton’s financial advisor on the transaction.

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