Stanley Black & Decker (SWK) Will Buy Infastech for $850M in Cash

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Stanley Black & Decker (NYSE: SWK) announced it has entered into a definitive agreement to acquire Infastech, a leading global manufacturer and distributor of specialty engineered fastening technologies headquartered in Hong Kong, from CVC Capital Partners and Standard Chartered Private Equity Limited for USD$850 million in cash.

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