May 4, 2018 / 10:18 AM / 4 months ago

BRIEF-Newell Brands Announces Agreement To Sell The Waddington Group To Novolex

May 4 (Reuters) - Newell Brands Inc:

* NEWELL BRANDS ANNOUNCES AGREEMENT TO SELL THE WADDINGTON GROUP TO NOVOLEX

* NEWELL BRANDS INC - GROSS PROCEEDS FROM DIVESTITURE ARE EXPECTED TO BE APPROXIMATELY $2.3 BILLION

* NEWELL BRANDS INC - EXPECTS TRANSACTION TO RESULT IN AFTER-TAX PROCEEDS OF APPROXIMATELY $2.2 BILLION

* NEWELL BRANDS - SIGNED DEAL TO SELL ITS WADDINGTON GROUP TO NOVOLEX HOLDINGS, A PROVIDER OF PAPER & PLASTIC PACKAGING PRODUCTS BACKED BY CARLYLE GROUP Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below