Newell brands announces agreement to sell the connected home & security business to resideo technologies, inc.

Atlanta--(business wire)--newell brands inc. (nasdaq: nwl) announced today that it has signed a definitive agreement to sell the connected home & security (ch&s) business to resideo technologies, inc. (nyse: rezi), a leading global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products. the ch&s business, based in aurora, illinois, is a leading manufacturer in the u.s. home safety market with strong positions
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