Sep 13, 2011

Stanley Black & Decker Acquires Niscayah for $1.2 Billion

Stanley Black & Decker, an S&P 500 global diversified industrial company, announced that it has successfully completed its acquisition of Niscayah Group AB, a leading commercial security and monitoring company specializing in electronic security services and solutions based in Stockholm, Sweden. Stanley Black & Decker is paying SEK18.00 per share and SEK 0.05 per warrant in cash and the total transaction value including assumed financial debt is SEK7.6 billion (USD$1.2 billion). read more

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