Thewaddingtongroup: NEWELL TO SELL WADDINGTON FOR $2.3 BILLION, DIVEST MORE BRANDS

Newell Brands Inc (NWL.N) said on Friday it would sell Waddington Group to Novolex Holdings, a company owned by buyout firm Carlyle Group LP (CG.O), for about $2.3 billion (1.7 billion pounds) and said it plans to divest more of its brands.