Business
Boyd Announces Sale of its Thermal Business to Eaton for $9.5 Billion
BOCA RATON, Fla., November 03, 2025--Boyd Corporation ("Boyd"), the trusted global innovator in engineered materials and thermal solutions, today announced that it has signed a definitive agreement to sell its Thermal business to Eaton, an intelligent power management company, for $9.5 billion. The transaction is subject to customary closing conditions, including the receipt of required regulatory approvals, and is expected to close in the second quarter of 2026.
About this update from Goldman Sachs Group, Inc. (the)
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