Stanley Black & Decker to buy Infastech for $850 mln @reuters @resilient_ent #PRIVATEEQUITY

Deal to add 15 cents/share in first year following closing (Reuters) - Tool maker Stanley Black & Decker said it agreed to acquire privately held Infastech, a maker of engineered mechanical fasteners, for $850 million in cash to expand its footprint in emerging markets. Singapore-based Infastech, which is backed by CVC Capital Partners and Standard Chartered's private equity arm, posted revenue of about $500 million in 2011, half of which came from the Asia-Pacific region. Reuters, quoting sources, reported in May that Stanley Black & Decker is among potential bidders for Infastech. READ MORE AS YOU ENTER THE WORLDS OF @REUTERS Benny quetell @resilient_ent resilient media entertainment private equity

RESILIENT MEDIA ENTERTAINMENT

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