Reuters logo
10 个月前
BRIEF-Stanley Black & Decker to buy Newell Brands tools business for $1.95 bln
2016年10月12日 / 上午10点52分 / 10 个月前

BRIEF-Stanley Black & Decker to buy Newell Brands tools business for $1.95 bln

Oct 12 (Reuters) - Stanley Black & Decker Inc :

* Stanley Black & Decker to acquire tools business of Newell Brands

* Stanley Black & Decker Inc - EPS accretion, excluding charges, of approximately $0.15 per share expected in year one from deal

* Stanley Black & Decker Inc -Stanley Black & Decker expects transaction to result in annual cost synergies of approximately $80 - $90 million by year three

* Stanley Black & Decker Inc says expects to fund acquisition with a combination of available cash and debt

* Stanley Black & Decker Inc - deal for $1.95 billion

* Stanley Black & Decker Inc - EPS accretion, excluding charges increasing to approximately $0.50 per share by year three from deal

* Stanley Black & Decker Inc- acquisition is expected to be approximately $0.15 accretive to earnings per share in year one post-closing

* Stanley Black & Decker Inc sees approximately $125 to $140 million of restructuring and other deal related costs

* Stanley Black & Decker Inc sees approximately $40 million of non-cash inventory step-up charges from deal

* Stanley Black & Decker to acquire tools business of Newell Brands Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below