Stanley Meets U.S. Antitrust Conditions for Niscayah Acquisition
Stanley Black & Decker Inc., New Britain, Conn., announced Monday, Jul. 18 the expiration of the mandatory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for its previously announced offer to acquire all of the class A and class B shares and warrants of Niscayah Group AB, Stockholm, Sweden, for SEK 18.00 (USD $2.42) per share and SEK 0.05 (USD $.0079) per warrant in cash. All U.S. antitrust conditions to the Offer have now been satisfied. EU approval is still pending.