Deals
Stanley Black & Decker Completes Acquisition of Niscayah AB
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Stanley Black & Decker Inc., the largest U.S. toolmaker, completed its 7.6 billion kronor ($1.2 billion) acquisition of Niscayah AB, bolstering its presence in video surveillance and fire-alarm systems.
The purchase will generate savings of $80 million annually and may boost earnings per share by 20 cents in the first year and 45 cents in the third year, New Britain, Connecticut-based Stanley Black & Decker said today in a statement.