June 5, 2018 / 12:12 PM / in 5 months

Newell to sell Rawlings Sporting Goods for $395 mln

June 5 (Reuters) - Consumer products maker Newell Brands Inc said on Tuesday it would sell its Rawlings Sporting Goods brand to Seidler Equity Partners for about $395 million.

Newell said it expects the sale to result in after-tax proceeds of about $340 million. (Reporting by Uday Sampath in Bengaluru; Editing by Sriraj Kalluvila)

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