Stanley Black & Decker said it was selling its Consolidated Aerospace Manufacturing business to rival Howmet Aerospace for $1.8 billion in cash.
Shares of Stanley Black & Decker (SWK) jumped Monday after the company announced an agreement to sell its Consolidated Aerospace Manufacturing business to aircraft metal components manufacturer Howmet Aerospace (HWM) for $1.8 billion in cash.
Stanley… [949 chars]
Source: Investopedia | Published: 2025-12-22T19:17:57Z
Credit: Investopedia
