Sears Holdings Corp.’s sale of its Craftsman tool business has attracted bidders including Stanley Black & Decker Inc. and Hong Kong’s Techtronic Industries Co., people with knowledge of the matter said.
Other companies such as U.S.-based Apex Tool Group
and Sweden’s Husqvarna AB have also explored possible offers for
Craftsman, according to the people. Final bids, which may value the
brand at about $2 billion, are due at the end of the month, said the
people, who asked not to be identified because the information is
private.. . . more