ASSA ABLOY and the United States have come to a “narrow agreement” on a portion of the latter’s lawsuit attempting to block the company’s acquisition of the HHI division of Spectrum Brands. However, the parties in the case told the District Court for the District of Columbia that they remain at odds on a number […]

ASSA ABLOY says it has entered into binding agreements with Fortune Brands Home & Security Inc. to sell Emtek and the Smart Residential business in the U.S. and Canada. The transaction is ASSA ABLOY’s bid to fully resolve alleged competitive concerns surrounding its proposed acquisition of the Hardware and Home Improvement (HHI) division of Spectrum […]

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 […]

After announcing plans for an all-stock merger transaction with BMC Stock Holdings Inc. (BMC), officials for Builders FirstSource (BFS) restarted the period for merger review last week by voluntarily withdrawing and refiling notification with the U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC). The two companies entered into an Agreement and Plan […]