From：Internet Info Agency 2026-01-22 09:50:48
Eaton Corporation, a power management company, is considering spinning off its automotive business, which could be valued as high as $5 billion, according to people familiar with the matter. The unit primarily manufactures transmission components, clutches, and engine valves, and reported third-quarter 2023 sales of $639 million, an 8% decline year-over-year. The move is part of Eaton’s ongoing evaluation of strategic options aimed at optimizing its business portfolio and enhancing shareholder value.
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