October 4, 2016 / 12:16 PM / 10 months ago

BRIEF-Newell Brands to consolidate existing 32 business units to 16 operating divisions

1 Min Read

Oct 4 (Reuters) - Newell Brands Inc

* Will simplify its operating structures consolidating existing 32 business units to 16 operating divisions

* Consolidates business units; creates new global e-commerce division; holds nearly 10 percent of portfolio for sale

* Actions announced will not impact 2016 core sales or normalized EPS guidance Source text for Eikon: Further company coverage:

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