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Assa Abloy to buy majority stake in Agta Record

( March 6, 2019, 20:00 GMT | Official Statement) -- MLex Summary: Swedish locks and doors maker Assa Abloy has agreed to buy a majority stake in Swiss door manufacturer Agta Record. Assa Abloy, which already owns 39 percent of Agta Record, said today it had agreed to buy Agta Finance's 54 percent stake in the company for 70 euros a share, or 502 million euros overall. It said the deal needs EU antitrust approval. Statement follows....

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