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UNITED STATES OF AMERICA v. ASSA ABLOY AB et al
Case Number:
1:22-cv-02791
Court:
Nature of Suit:
Judge:
Firms
- Brownstein Hyatt
- Cleary Gottlieb
- Cooley LLP
- Davis Polk
- DLA Piper
- Hausfeld LLP
- Hogan Lovells
- Kirkland & Ellis
- Paul Weiss
- Perkins Coie
- Wilson Sonsini
- Winston & Strawn
Companies
- Allegion PLC
- American Antitrust Institute
- Assa Abloy AB
- Fortune Brands Home & Security Inc.
- Lowe's Cos. Inc.
- Spectrum Brands Inc.
- Spectrum Management Holding Co.
- The Home Depot Inc.
Sectors & Industries:
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October 28, 2022
Why Sue First, Assess Remedy Later? Assa Abloy Judge Asks
A D.C. federal judge wondered aloud Friday why the Justice Department needed to challenge Assa Abloy's $4.3 billion proposed purchase of Spectrum Brands' hardware and home improvement division before learning the specifics of a proposed divestiture it already says is insufficient, questioning if the entire case has been rushed.
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October 17, 2022
Assa Abloy, Spectrum Defend $4.3B Home Hardware Deal
Assa Abloy fired back Friday against the government's claim that its proposed $4.3 billion purchase of Spectrum Brands' hardware and home improvement division would eliminate head-to-head competition between the companies, pointing out that they offered to sell overlapping parts of the businesses to avoid monopolization.
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September 15, 2022
DOJ Sues To Block Assa Abloy's $4.3B Home Hardware Deal
The U.S. Department of Justice on Thursday sued to block Assa Abloy's planned $4.3 billion deal for the hardware and home improvement division of home products company Spectrum Brands over concerns about the market for residential door hardware, including smart locks.
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