Brief: Assa Abloy Formally Responds To DOJ's Complaint To Block Acquisition Of Hardware And Home Improvement Division

Spectrum Brands Holdings

17/10/2022 03:45

Oct 16 (Reuters) - Assa Abloy Ab  ASSAb.ST :
    * ASSA ABLOY FORMALLY RESPONDS TO DOJ'S COMPLAINT TO BLOCK
ACQUISITION OF HARDWARE AND HOME IMPROVEMENT DIVISION
    * ASSA ABLOY AND SPECTRUM BRANDS ARE VIGOROUSLY CONTESTING
IN
COURT EFFORT BY DOJ TO OPPOSE PROPOSED TRANSACTION
    * RESIDENTIAL BUSINESSES OUTSIDE OF U.S. AND CANADA ARE NOT
IN
SCOPE TO BE DIVESTED
    * ASSA ABLOY- ASSA ABLOY INITIATED SALES PROCESS OF EMTEK &
SMART
RESIDENTIAL BUSINESS IN U.S. AND CANADA

Source text for Eikon:  ID:nPn40GXk0a 
Further company coverage:  ASSAb.ST 
 ((Reuters.Briefs@thomsonreuters.com;))