ASSA ABLOY has formally responded to the U.S. Department of Justice’s (DOJ) civil antitrust lawsuit seeking to block the company’s proposed $4.3 billion acquisition of the Hardware and Home Improvement (HHI) division of Spectrum Brands Holdings Inc. The DOJ complaint, filed in the U.S. District Court for the District of Columbia, alleges that the merger […]

The U.S. Department of Justice has filed a civil antitrust lawsuit to block ASSA ABLOY’s proposed $4.3 billion acquisition of the Hardware and Home Improvement division of Spectrum Brands Holdings Inc. According to a Department of Justice news release, ASSA ABLOY and Spectrum are two of the three largest producers of residential door hardware in […]