Spectrum Puts Up $1.4B For Stanley Black & Decker Unit
The cash deal will bring Stanley’s Kwikset and Pfister brands to Spectrum, which makes Rayovac batteries and Remington shavers and sells small home appliances with the Black & Decker brand. Spectrum will fund its purchase using new debt, committed by Deutsche Bank AG and Barclays PLC, it said.
Spectrum said it...
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