Reuters: Newell Brands nears deal to sell Jostens to Platinum Equity
Reuters reports Newell Brands Inc. is closed to a deal to sell Jostens, a U.S. manufacturer of memorabilia such as class rings and yearbooks, to private equity firm Platinum Equity LLC for around $1.3 billion, two people familiar with the matter said on Tuesday. The deal would mark the latest divestiture for Newell, which announced in May, as part of...
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