Newell Rubbermaid unloads window coverings brands

|About: Newell Brands Inc. (NWL)|By:, SA News Editor

Newell Rubbermaid (NYSE:NWL) announces it will sell its Levolor and Kirsch window coverings brands to Hunter Douglas for $270M.

The transaction is expected to close before the end of the year.

The asset sales falls in line with Newell's plan to focus on the parts of its portfolio with the most global growth upside.

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