(Reuters) – U.S. lockmaker Spectrum Brands Holdings Inc has agreed to sell its hardware and home improvement division to Swedish rival Assa Abloy for $4.3 billion in cash. Shares in Assa Abloy rose ...
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STOCKHOLM, Sept. 8, 2021 /PRNewswire/ -- ASSA ABLOY has signed a definitive agreement to acquire the Hardware and Home Improvement ("HHI") division of Spectrum Brands (NYSE:SPB) for a purchase price ...
Sept 8 (Reuters) - U.S. lock maker Spectrum Brands Holdings Inc SPB.N said on Wednesday it would sell its hardware and home improvement division to Swedish rival Assa Abloy ASSAb.ST for $4.3 billion ...
Price of $4.3 billion represents over 14x HHI’s expected FY21 Adjusted EBITDA Strategic shift results in a more focused consumer staples company aligned with attractive growth categories Net proceeds ...
Spectrum Brands (NYSE:SPB) gained in early trading on Friday after topping estimates on both lines of its FQ4 earnings report. The company reported that net sales fell 1.2% year-over-year during the ...
AUSTIN, Texas — Modernize has announced a strategic partnership with Spectrum Communications & Consulting Inc. The partnership will allow Modernize to deliver sales leads and appointments directly ...
MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands” or the “Company”), a leading global branded consumer products and home essentials company focused on ...
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