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Assa Abloy, US reach settlement on Spectrum Brands deal

05/05/2023
Less than a minute

2023.05.05 20:15


© Reuters. FILE PHOTO: An Assa Abloy lock is displayed in a shop in Riga, Latvia September 19, 2013. REUTERS/Ints Kalnins/File Photo

(Reuters) – Assa Abloy (OTC:) AB on Friday said it has reached a settlement with the U.S. Department of Justice (DOJ) regarding its $4.3-billion proposed deal to buy Spectrum Brands Holdings (NYSE:) hardware and home improvement division (HHI).

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05/05/2023
Less than a minute

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