Newell Brands to sell Pure Fishing to Sycamore Partners and Jostens to Platinum Equity

Newell Brands to sell Pure Fishing to Sycamore Partners and Jostens to Platinum Equity

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Newell Brands has agreed to sell Pure Fishing to Sycamore Partners and Jostens to Platinum Equity for about $2.5 billion. Both transactions are expected to close in the fourth quarter, J.P. Morgan Securities LLC acted as financial adviser to Newell Brands on the Pure Fishing deal while Jefferies LLC did likewise on the Jostens deal.

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November 7, 2018 at 06:09PM