Assa Abloy : Assa Abloy to sell Yale, August and Emtek to try to obtain HHI, against DOJ ruling
>Response to DOJ concerning acquisition of HHI: Assa Abloy to initiate sale of Yale, August and Emtek - On Friday evening, after trading, Assa Abloy officially filed its response with the Columbia district court to the US Department of Justice’s complaint aimed at blocking the proposed acquisition of HHI by the group. Assa Abloy indicated that, in order to resolve all the alleged competitive concerns, it has initiated a sales process for Emtek (premium opening s...ASSA ABLOY provides a range of door opening solutions. Co. is organized into five divisions. Europe, Middle East and Africa division, Americas (North and South America) division and Asia Pacific (Asia, Australia and New Zealand) division manufacture and sell mechanical and electromechanical locks, security doors and hardware in their respective geographical markets. Global Technologies division operates worldwide in the product areas of access control systems, secure card issuance, identification technology and hotel locks. Entrance Systems division is a global supplier of entrance automation products and service.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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