# DANA Inc (DAN) — merger/definitive [pending]
Source: SEC API (secapi.ai) · situation sit_8b4573e4e8f9b03c654b · retrieved 2026-08-12T07:00:04.970Z

## Overview
Dana Incorporated is a global leader in the design and manufacture of highly efficient propulsion solutions for light- and commercial-vehicle markets, supplying drive systems, electrodynamic technologies, and thermal and sealing solutions to leading vehicle manufacturers.

Dana Incorporated announced that its proposed combination with Eaton Corporation's Mobility business will utilize a split-off structure intended to be tax-free to shareholders. The transaction, which will create a combined powertrain leader, remains on track to close during the first quarter of 2027, subject to Dana shareholder approval, regulatory approvals, and customary closing conditions. The companies expect to achieve at least $250 million of run-rate cost synergies within 24 months post-close.

## Terms
- Counterparty: Eaton Corporation plc

## Key dates
- Announced 2026-08-06

## Timeline
- 2026-08-06 · 425 (0001193125-26-336684): 425 - DANA Inc — *Dana Incorporated is a global leader in the design and manufacture of highly efficient propulsion solutions for light- and commercial-vehicle markets, supplying drive systems, electrodynamic technologies, and thermal and sealing solutions to leading vehicle manufacturers.* Dana Incorporated announced that its proposed combination with Eaton Corporation's Mobility business will utilize a split-off structure intended to be tax-free to shareholders. The transaction, which will create a combined powertrain leader, remains on track to close during the first quarter of 2027, subject to Dana shareholder approval, regulatory approvals, and customary closing conditions. The companies expect to achieve at least $250 million of run-rate cost synergies within 24 months post-close.
  https://www.sec.gov/Archives/edgar/data/26780/0001193125-26-336684.txt

## Citations
- 0001193125-26-336684 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526336684