- Newell Brands (NASDAQ:NWL) strikes a deal to sell its Process Solutions Business to PE firm One Rock Capital Partners.
- The after-tax proceeds for the divestiture are anticipated to be $500M.
- The deal is expected to close in Q2.
- NWL +1.16% premarket to $15.74.
- Source: Press Release
Newell Brands unloads Process Solutions Business
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About NWL Stock
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| Symbol | Last Price | % Chg |
|---|---|---|
| NWL | - | - |
| Newell Brands Inc. | ||