Newell Brands (NWL) Declares $0.23 Quarterly Dividend; 4.6% Yield
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November 7, 2018 9:31 AM EST
Pre-Open Stock Movers
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November 7, 2018 8:31 AM EST
Newell Brands (NYSE: NWL) made substantial progress on its Accelerated Transformation Plan, designed to create a simpler, faster, stronger consumer-focused portfolio of leading brands and today announced that it has signed definitive agreements to sell two businesses, Pure Fishing and Jostens. Combined, these transactions are expected to contribute approximately $2.5 billion of after-tax proceeds, subject to customary working capital and other transaction adjustments, which will be deployed toward deleveraging and share repurchase.
The company has signed a definitive agreement to sell Pure Fishing to... More
