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Financials

BRIEF-Hunter Douglas to acquire Hillarys

May 11 (Reuters) - HUNTER DOUGLAS NV:

* TO ACQUIRE HILLARYS

* AGREED TO ACQUIRE HILLARYS FROM ARES CAPITAL CORPORATION , FOR A PURCHASE PRICE OF GBP 300 MILLION ($388.3 MILLION)

* INVESTMENT PORTFOLIO IS BEING PHASED OUT TO FUND PART OF THIS ACQUISITION

* SAYS HILLARYS TO REMAIN A STANDALONE BUSINESS AND MANAGEMENT TO REMAIN UNCHANGED Source text for Eikon: Further company coverage: ($1 = 0.7727 pounds) (Gdynia Newsroom)

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