October 15, 2019 / 8:35 PM / a month ago

Signify to buy Cooper Lighting from Eaton for $1.4 bln -statement

AMSTERDAM, Oct 15 (Reuters) - Signify, the Dutch lighting company, said on Tuesday it would buy Cooper Lighting Solutions of the U.S. from Eaton for $1.4 billion in cash.

The company said in a statement the acquisition would strengthen the strategic position of Signify, the world’s largest lighting maker, in North America.

Reporting by Toby Sterling; Editing by Sandra Maler

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