secwatch.observer — SEC 8-K summary
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Issuer:     STANLEY BLACK & DECKER, INC. (SWK)
CIK:        0000093556
Form:       8-K
Filed at:   2026-04-06T23:59:59+00:00
Accession:  0001193125-26-142966
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stanley Black & Decker closes sale of CAM business to Howmet for $1.8B cash
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- Sale of Consolidated Aerospace Manufacturing completed for ~$1.8B in cash.
- Net proceeds of ~$1.57B (after taxes and fees) to be used for debt reduction.
- Target leverage ratio of ~2.5x net debt to adjusted EBITDA by year end.
- Transaction further focuses portfolio on core businesses; CEO cites value creation.
- CAM team recognized; company to continue disciplined capital allocation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93556/000119312526142966/0001193125-26-142966-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93556/000119312526142966/d97341d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-142966

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer