Deal snapshot: Stanley Black and Decker to Sell Its Oil and Gas Business.

MANews-(C)2009-2022

US-based tool maker Stanley Black and Decker (NYSE: SWK) has signed a definitive agreement for the sale of its Stanley Oil and Gas business to Pipeline Technique Ltd., a provider of solutions to the energy industry, the company said.

The pending sale of Stanley Oil and Gas encompasses pipeline services and equipment businesses including...

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