Stanley Black & Decker Completes Sale of Stanley Infrastructure to Epiroc-July 2024-www.financetom.com

Stanley Black & Decker Completes Sale of Stanley Infrastructure to Epiroc

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Stanley Black & Decker Completes Sale of Stanley Infrastructure to Epiroc

Apr 1, 2024 2:06 PM

04:48 PM EDT, 04/01/2024 (MT Newswires) -- Stanley Black & Decker ( SWK ) said late Monday it has completed the sale of its attachment tools business Stanley Infrastructure to Epiroc for $760 million in cash.

The company said it expects to use the proceeds to cut debt.

Price: 95.42, Change: -0.04, Percent Change: -0.04

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