NEW YORK (Standard&Poor's) June 27, 2011--Standard&Poor's Ratings Services said today that its ratings and outlook on Stanley Black&Decker Inc. (A/Stable/A-1) are unchanged at this time by Stanley's announcement that it plans to acquire Stockholm, Sweden-based commercial security company Niscayah Group AB. Niscayah specializes in electronic security services and solutions. Under the terms of the agreement, Stanley will pay SEK 18.00 per share, or about $1 billion in balance sheet cash, plus the assumption of about U.S. equivalent $160 million in debt. The deal is expected to close in the fourth quarter of 2011, subject to regulatory approvals. In our view, the proposed acquisition modestly improves Stanley's already strong business risk profile by further diversifying
