January 24, 2018 / 1:55 PM / a month ago

BRIEF-Doncasters Agrees To Sell Neslon Fastener Systems To Stanley Black & Decker

Jan 24 (Reuters) - Doncasters Group:

* PRESS RELEASE - DONCASTERS AGREES TO SELL NELSON FASTENER SYSTEMS TO STANLEY BLACK & DECKER

* DONCASTERS GROUP - DEAL FOR APPROXIMATELY $440 MILLION IN CASH

* DONCASTERS GROUP - AGREED TO SELL ITS NELSON FASTENER SYSTEMS BUSINESS TO STANLEY BLACK & DECKER FOR ABOUT $440 MILLION

* DONCASTERS GROUP - SALE, DOES NOT INCLUDE NELSON‘S AUTOMOTIVE STUD WELDING BUSINESS

* DONCASTERS GROUP - SALE WILL ENABLE CO TO PAY DOWN SOME EXISTING DEBT Source text for Eikon: Further company coverage:

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