SWK - Stanley Black & Decker Streamlines Portfolio With $760M Infrastructure Sale To Epiroc Targets Debt Reduction | Benzinga
Stanley Black & Decker (NYSE: SWK) has agreed to divest its STANLEY Infrastructure division, which specializes in attachment and handheld hydraulic tools, to Epiroc AB (OTC: EPOKY) (OTC: EPIAF) for $760 million in cash.
The Infrastructure division is projected to yield revenues in the range of $450 million to $470 million ...