Newell Brands (NWL) Tops Q1 EPS by 8c

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Go back to Newell Brands (NWL) Tops Q1 EPS by 8c

Newell Brands (NWL) Reports Agreement to Sell The Waddington Group to Novolex Holdings for Approx. $2.3B

May 4, 2018 6:16 AM EDT

Newell Brands Inc. (NYSE: NWL) announced today that it has signed a definitive agreement to sell The Waddington Group, its global consumer and commercial package manufacturing business, to Novolex Holdings, LLC, a leading provider of paper and plastic packaging products backed by The Carlyle Group. The Waddington Group, based in Covington, KY, comprises a global brand portfolio... More