|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||184.88 - 188.68|
|52 Week Range||167.66 - 225.00|
|Beta (5Y Monthly)||1.38|
|PE Ratio (TTM)||16.84|
|Forward Dividend & Yield||3.16 (1.71%)|
|Ex-Dividend Date||Nov. 30, 2021|
|1y Target Est||N/A|
Swedish security services group Securitas said on Wednesday it had agreed to buy Stanley Black & Decker's electronic security solutions business for $3.2 billion, its biggest acquisition to date. Securitas said in a statement it expected the acquisition to immediately add to its operating margin, create big cost synergy opportunities, boost its earnings per share in the first full year post completion and lead to substantial operating margin improvement over time.
Sweden's Securitas said on Wednesday it had agreed to buy U.S. rival Stanley Black & Decker's electronic security solutions business for $3.2 billion in its biggest acquisition to date. Securitas, the world's biggest listed security services group, has been pushing for years to increase sales of electronic security services and reduce its exposure to staff-intensive guarding.
Stanley Black's (SWK) acquisition of MTD Holdings and Excel Industries will strengthen product offerings and boost its footprint in the outdoor products end market.