ASSA ABLOY and the DOJ reach a settlement regarding the HHI acquisition
Today, ASSA ABLOY and the U.S. Department of Justice (“DOJ”) have reached a settlement agreement related to ASSA ABLOY’s acquisition of Spectrum Brands’ Hardware and Home Improvement division (“HHI”). The settlement will put an end to the trial proceedings of the District Court for the District of Columbia.
In connection with the settlement and pursuant to the Proposed Final Judgment filed with the court today, ASSA ABLOY will proceed with the divestment of Emtek and the Smart Residential business in the U.S. and Canada to Fortune Brands.
Following this settlement, the HHI acquisitionRead more →
Annual General Meeting of AAK AB
At the Annual General Meeting of AAK AB (publ.) on May 4, 2023 the following was resolved.
Board of Directors, auditor and fees
The number of directors will be seven. The Meeting re-elected Märta Schörling Andreen, Marianne Kirkegaard, Georg Brunstam and Patrik Andersson and elected Nils-Johan Andersson, Fabienne Saadane-Oaks and Ian Roberts as directors. Gun Nilsson had declined re-election. Georg Brunstam was re-elected as Chairman of the Board. The fees to the Board of Directors shall amount to SEK 1,000,000 to the Chairman and SEK 440,000 to each of the other directors elected atRead more →
Decisions at Securitas’ Annual General Meeting 2023
Securitas AB (publ) held an Annual General Meeting (AGM) today, May 4, 2023, in Stockholm.
Appropriation of profit and discharge from liability
The Annual General Meeting adopted the Statement of Income and the Balance Sheet for the Parent Company as well as the Consolidated Statement of Income and the Consolidated Balance Sheet as per December 31, 2022. In accordance with the proposal of the Board, the AGM resolved to pay a dividend of SEK 3.45 per share, to be distributed to the shareholders in two payments of SEK 1.75 per share and SEK 1.70 per share, respectively. Record date is MondayRead more →