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  • American City Business Journals2 months ago

    Newell selling tool business to Stanley Black & Decker

    The company formerly known as Newell Rubbermaid is following through on its promise to shed some brands following its merger with Jarden Corp. Newell, now known as Newell Brands (NWL), is selling its tool business, including its Irwin and Lenox brands, to Stanley Black & Decker for $1.95 billion. Stanley Black & Decker said the business has annual revenues of $760 million.

  • Stanley Black & Decker buying Newell tools unit for $1.95B
    Associated Press2 months ago

    Stanley Black & Decker buying Newell tools unit for $1.95B

    Tool company Stanley Black & Decker Inc. is buying Newell Brands' tools division for $1.95 billion in cash. The unit includes the industrial cutting, hand tool and power tool accessory brands Irwin and ...

  • Investopedia3 months ago

    6 Reasons to Invest in Companies That Make Safes

    Investing in companies that make safes could be a smart move, given the proliferation of negative interest rate policies being enacted worldwide.