(Reuters) - Assa Abloy AB said on Friday it will sell its Yale and Emtek lock brands, and U.S. and Canada residential businesses to Fortune Brands Home & Security in an $800 million all-cash deal, as ...
COPENHAGEN, July 19 (Reuters) - Assa Abloy ASSAb.ST, the world's biggest lock maker, reported on Wednesday a 25% rise in second-quarter adjusted operating profit helped by 3% organic sales growth ...
Based on our initial calculations, Assa Abloy's announced deal to buy HHI would be modestly accretive to our fair value estimate by about 4% and represents a long-term bet on the United States ...
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Reuters had reported in October that Assa Abloy was working to sell its Emtek and smart residential business in the United States to resolve U.S. antitrust issues that are holding up a planned ...