Materials M&A » By The Online Investor Staff, updated Wed., Jul. 6, 8:24 AM
Recent mergers and acquisitions in the Materials M&A category.
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Slide #44. Nova Capital — Newell Rubbermaid Hardware Business
Acquirer:
Nova Capital
Acquiree:
Newell Rubbermaid Hardware Business (NASDAQ:NWL)
Details:
Newell Rubbermaid Inc. (NYSE:NWL) today announced it has entered into a definitive agreement to sell its Hardware business, which includes the Amerock, Ashland, Bulldog and Shur-Line brands, to Nova Capital, a specialist acquirer of corporate and private equity portfolios. The transaction is expected to close within the third calendar quarter, subject to certain customary conditions.
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Avg. Broker Rec.
 
|
Buy (3.14 out of 4) 25th percentile
(ranked lower than approx. 75% of all stocks covered)
Analysts' Target Price: NWL Stock Forecast Based on Zacks ABR data; powered by Xignite |
