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BRIEF-Dormakaba Holding to acquire Mechanical Security businesses from Stanley Black & Decker
December 21, 2016 / 5:43 AM / a year ago

BRIEF-Dormakaba Holding to acquire Mechanical Security businesses from Stanley Black & Decker

Dec 21 (Reuters) - Dormakaba Holding AG :

* To acquire Mechanical Security businesses from Stanley Black & Decker

* Has signed an agreement to acquire certain Mechanical Security businesses from Stanley Black & Decker for a total consideration of $725 million in cash

* Scope of transaction: Consolidated 2016E net sales of $276 million and EBITDA of $52 million

Source text: bit.ly/2hpABgB

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