November 7, 2018 / 1:44 PM / 7 days ago

Newell Brands to Sell Pure Fishing and Jostens for about $2.5 billion

Nov 7 (Reuters) - Newell Brands Inc said on Wednesday it would sell its Pure Fishing brand to Sycamore Partners and Jostens to Platinum Equity for a total of about $2.5 billion.

The deals would mark the latest divestitures for Newell.

Newell's Jostens is a U.S. manufacturer of memorabilia such as class rings and yearbooks, while Pure Fishing provides tackle, lures, rods and reels for fishing. (Reporting by Aishwarya Venugopal in Bengaluru; Editing by Shailesh Kuber)

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