Eaton Sees A Brighter Future With Spinoff Of LED Lighting Business

Eaton (ETN) recently hosted an investor day and announced that it would be pruning its portfolio of businesses. As part of that initiative, the company will spin off its LED lighting business by the end of 2019. Like its parent, the new lighting company will be domiciled in Ireland (remember when tax inversions were all the rage?), but… Read More »