Mueller Industries: Slips on deal to buy Hart & Cooley flexible duct business

Mueller Industries

21/12/2020 16:08

** Shares in copper, brass products maker  MLI.N  fall 1.8%
to $34.88
    ** Co to buy Hart & Cooley's flexible duct business to
expand into the air quality and climate control systems markets
 urn:newsml:reuters.com:*:nBw3lP7qSa
    ** The business includes manufacturing of duct products for
both residential and commercial applications
    ** The deal is scheduled to close in late January 2021
    ** Stock has gained nearly 10% YTD

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com;
twitter.com/Arundhati_05; +1 646 223 8780 Ext: 2776))