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UNITED STATES OF AMERICA v. ASSA ABLOY AB et al

  1. April 27, 2023

    Divestiture Buyer Predicts Success With Assa Abloy Assets

    A Fortune Brands executive on Thursday defended the company's suitability as a buyer for assets Assa Abloy plans to divest to address competitive concerns raised by the $4.3 billion pickup of Spectrum Brands' hardware and home improvement business.

  2. April 26, 2023

    At Assa Abloy Trial: Air Of Secrecy, Judge's Cryptic Warning

    The D.C. federal judge handling the U.S. Department of Justice challenge to Assa Abloy's $4.3 billion pickup of Spectrum Brands' hardware and home improvement business delivered a cryptic warning to the parties Wednesday during proceedings that were often closed to the public.

  3. April 25, 2023

    Assa Abloy Exec Supports Stand-Alone Divestiture Argument

    An Assa Abloy executive pushed back Tuesday on U.S. Department of Justice arguments that divestiture plans won't address concerns that the $4.3 billion pickup of Spectrum Brands' hardware and home improvement business will tip the competitive scales, asserting that the company is heavily decentralized, not an integrated global operation as the government contends.

  4. April 24, 2023

    DOJ Told Assa Abloy: No Private Equity Buyers

    The U.S. Department of Justice barred Assa Abloy from divesting assets to a private equity buyer in order to address concerns about the company's $4.3 billion pickup of Spectrum Brands' hardware and home improvement business, signaling a potentially broader policy shift revealed during opening arguments Monday in the government's merger challenge.

  5. April 23, 2023

    Assa Abloy Judge 'Won't Be Convinced By Evasiveness'

    Evasive witnesses will carry little weight in the U.S. Department of Justice challenge to Assa Abloy's $4.3 billion pickup of Spectrum Brands' hardware and home improvement business, the D.C. federal judge presiding over the trial, her first as a judge, said Saturday.

  6. April 21, 2023

    What To Watch As DOJ Tries To Lock Up Assa Abloy Merger

    The U.S. Department of Justice's Antitrust Division on Monday kicks off its latest merger trial of the Biden era and with it, another chance to raise its low batting average in litigated deal challenges.

  7. April 17, 2023

    Lots Of Assa Abloy Questions, But Don't Read The Tea Leaves

    The D.C. federal judge who next week will hear the U.S. Department of Justice challenge to Assa Abloy's $4.3 billion pickup of Spectrum Brands' hardware and home improvement business, one of her very first trials, had plenty of pointed questions for the parties on Monday — and one admonition.

  8. April 11, 2023

    Assa Abloy's Late Filing A Product Of DOJ's Rush, Judge Says

    The U.S. Department of Justice can't hit the brakes on its own "fast-moving train," a D.C. federal judge said during a hearing Tuesday, admonishing the DOJ for complaining about last-minute company filings as Assa Abloy defends its $4.3 billion pickup of Spectrum Brands' hardware and home improvement business.

  9. March 29, 2023

    DOJ-Assa Abloy Judge Tries Hand At Law360 Headline Writing

    If the U.S. Department of Justice and Assa Abloy ever want to take a break from their legal fight over the Swedish lock giant's $4.3 billion pickup of Spectrum Brands' hardware and home improvement business, the new judge on their case says she's down to umpire a game of softball.

  10. March 14, 2023

    Assa Abloy Judge Questions 'Unreal World,' Review Gaming

    The new D.C. federal judge overseeing the U.S. Department of Justice challenge of Swedish lock giant Assa Abloy AB's planned $4.3 billion pickup of Spectrum Brands' hardware and home improvement business gave the parties homework on Tuesday, telling them to better explain how she should view the companies' divestiture plans.

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