The pending acquisition, which has already been cleared by competition authorities in the US, Canada, South Korea and Turkey, also received clearance from the Federal Competition Commission in Mexico.
Eaton and Cooper had entered into a transaction agreement in May 2012, pursuant to which Eaton will buy Cooper through the formation of a new holding company incorporated in Ireland.
In connection with this acquisition, the power management company will merge with Turlock, a wholly owned subsidiary of Eaton.
The transaction, however, remains subject to customary closing conditions, including approval by the shareholders of both companies, and certain additional regulatory clearances.
Eaton provides energy-efficient solutions to help its customers effectively manage electrical, hydraulic and mechanical power.
