Brief: Assa Abloy Says Strongly Disagree With U.S. DOJ's Characterization Of Proposed Transaction with Spectrum Brands

Spectrum Brands Holdings

15/09/2022 16:13

Sept 15 (Reuters) - Assa Abloy Ab  ASSAb.ST :
    * ASSA ABLOY STATEMENT ON THE U.S. DEPARTMENT OF JUSTICE'S
OPPOSITION TO THE ACQUISITION OF THE HARDWARE AND HOME
IMPROVEMENT ("HHI") DIVISION OF SPECTRUM BRANDS
    * ASSA ABLOY- CO AND SPECTRUM BRANDS STRONGLY DISAGREE WITH
DOJ'S
CHARACTERIZATION OF PROPOSED TRANSACTION, AND WILL VIGOROUSLY
CONTEST IN COURT
    * ASSA ABLOY AND SPECTRUM BRANDS REMAIN CONFIDENT IN MERITS
OF
THIS TRANSACTION AND WILL JOINTLY DEFEND IT

Source text for Eikon:  ID:nWkr10PYZH 
Further company coverage:  ASSAb.ST 

 ((Reuters.Briefs@thomsonreuters.com;))