Core Viewpoint - Stanley Black & Decker announced the sale of its Consolidated Aerospace Manufacturing business to Howmet Aerospace for $1.8 billion in cash, which led to a rise in its stock price [1][5]. Group 1: Transaction Details - The transaction is expected to close in the first half of next year, and until then, the Consolidated Aerospace Manufacturing unit will continue to operate [2]. - The net cash proceeds from the sale will be used to reduce debt [2][5]. Group 2: Financial Impact - Howmet Aerospace anticipates that the Consolidated Aerospace Manufacturing unit will generate revenue of approximately $485 million to $495 million in the fiscal year 2026, with an adjusted EBITDA margin exceeding 20% before synergies [3]. Group 3: Market Reaction - Following the announcement, Stanley Black & Decker's shares increased by 3.5%, having risen as much as 7% earlier in the day, although the stock has lost about 6% of its value since the beginning of the year [4]. - Howmet's shares rose by 2% and have increased more than 90% since the start of 2025 [4].