Eaton to Buy Boyd Thermal Business From Goldman Sachs Asset Management for $9.50 Billion

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Eaton (ETN) said Monday it has agreed to buy the Boyd Corp.'s Boyd Thermal business from Goldman Sachs' (GS) Goldman Sachs Asset Management unit for $9.50 billion.

The deal will likely close in Q2 2026, subject to customary closing conditions and regulatory approvals, the company said.

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