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Europe Daily Bulletin No. 10738

27 November 2012
ECONOMY - FINANCE - BUSINESS / (ae) competition
Eaton Corp to buy up Cooper Industries

Brussels, 26/11/2012 (Agence Europe) - On 23 November, the European Commission gave the go-ahead for the acquisition by diversified US company Eaton Corporation (services, electrical and hydraulic systems and components, fuel, propulsion and transmission systems) of Irish electrical equipment manufacturer Cooper Industries Plc, on the grounds that the deal notified on 17 October 2012 will not damage competition in the European Economic Area. The Commission examined the competitive effects of...

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