Show Summaries | Hide Summaries
Feb. 27, 2013, 9:57 AMStanley Black & Decker (SWK +1.1%) completes its $850M acquisition of Hong Kong based Infastech from CVC and Standard Chartered. Infastech is one of the largest Asia-based manufacturers of mechanical fasteners and the deal will help SWK increase its revenues from emerging markets to 16% of total sales. SWK also expects the acquisition to add $0.20 to its adjusted EPS in 2013 and $0.40 in 2015. (PR) | Comment!
Currently, there's no company description for SCDRF.
Country: United Kingdom
Other News & PR