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Parties in US Assa Abloy merger trial issue joint stipulations of facts indicating areas of consensus

( April 17, 2023, 15:53 GMT | Official Statement) -- Attorneys representing the US Department of Justice and merging parties  Assa Abloy and Spectrum Brands agreed on certain aspects of the fact pattern for their US district court case in which the DOJ aims to block the deal. Counsel on both sides agreed that Assa Abloy and Spectrum Brands' hardware and home improvement division don't compete with proposed divestiture buyer Fortune Brands in the alleged market for residential smart locks and the alleged market for premium residential mechanical door hardware.See attached document. ...

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