NYSE:SPBHousehold Products
Spectrum Brands And Oaktree Deal Refocuses Value On Home And Personal Care
Spectrum Brands Holdings (NYSE:SPB) has entered into a partnership with Oaktree Capital Management focused on its Home and Personal Care business.
The transaction brings new investment into the segment and marks another step in Spectrum Brands' plan to separate this business from the rest of the company.
The move is intended to reshape how Spectrum Brands allocates resources across its portfolio and could influence how investors view the stock.
At a share price of $82.38 and with a return...