M&A/Shareholder vote/2026/Dana Incorporated

Dana Incorporated DAN

Atlas Mobility Sub, Inc. is buying Dana Incorporated (DAN), paying holders in stock. Atlas Mobility Sub, Inc. is backed by Mobility (USA) Corporation and Eaton Corporation plc. Dana sells global powertrain, thermal and sealing technologies to commercial and light vehicle markets and associated aftermarket channels.

Holders get
Stock
one share of SpinCo common stock
Deal value
Not given
Expected close
Not given
Status
Pending
Checked
See the filing →

Filed

The deal

Atlas Mobility Sub, Inc., backed by Mobility (USA) Corporation and Eaton Corporation plc, is buying Dana Incorporated, which sells global powertrain, thermal and sealing technologies to commercial and light vehicle markets and associated aftermarket channels. Dana stockholders will receive one share of SpinCo common stock for each share they hold.

The deal is expected to close in the first four months of 2027. It requires Dana stockholder approval, required regulatory clearances, customary closing conditions, and receipt of Merger Tax Opinion.

What has happened

Agreement signed · See the filing
Holders sent the terms and a meeting date

What must happen first

Dana stockholder approval
required regulatory clearances
customary closing conditions
receipt of Merger Tax Opinion

The board says

The Dana Board of Directors strongly recommends that stockholders should support the transaction and vote "FOR" each of the proposals