{"schema_version":"secwatch.filing_event.v1","accession":"0000109177-21-000048","form_type":"8-K","ticker":"SPB","cik":"0000109177","company_name":"Spectrum Brands Holdings, Inc.","filed_at":"2021-09-08T23:59:59+00:00","discovered_at":"2026-05-14T18:04:17.125980+00:00","generated_at":"2026-06-29T05:04:48.617728+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Spectrum Brands sells HHI segment to ASSA ABLOY for $4.3B cash; expects to delever to ~2.5x","bullets":["Purchase price of $4.3B represents over 14x expected FY21 Adjusted EBITDA for HHI.","Net proceeds of ~$3.5B will be used to repay debt, invest in growth, fund acquisitions, and return capital.","Remaining business (Global Pet Care, Home & Garden, Home and Personal Care) had LTM net sales of $3.0B and adj. EBITDA of $386M (13.0% margin).","Quarterly dividend of $0.42 per share to be maintained; sale expected to close after regulatory approvals.","HHI results will be reported as discontinued operations starting Q4 FY2021."],"urls":{"canonical":"https://secwatch.observer/filing/0000109177-21-000048","json":"https://secwatch.observer/filing/0000109177-21-000048.json","markdown":"https://secwatch.observer/filing/0000109177-21-000048.md","text":"https://secwatch.observer/filing/0000109177-21-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/109177/000010917721000048/0000109177-21-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/109177/000010917721000048/spb-20210908.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T05:04:48.617728+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}