Newell Brands (NWL) Tops Q1 EPS by 8c

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