Danaher Corp.(DHR) and Eaton (ETN) announced that they have completed the previously announced sale of Apex Tool Group to Bain Capital.
Danaher and Cooper Industries each maintained a 50 percent joint venture ownership interest in Apex. Cooper Industries was acquired by Eaton on November 30, 2012. The divestiture of Apex Tool Group was previously announced on October 10, 2012.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.