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Slide #7. Nova Capital — Newell Rubbermaid Hardware Business
Newell Rubbermaid Hardware Business (NASDAQ:NWL)
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.
Hold (2.50 out of 4)
(ranked lower than approx. 83% of all stocks covered)
Based on Zacks ABR data;
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