The shares in the offering, together with shares acquired by its subsidiary SBD Holding through purchases outside the offer, represent approximately 94.9 percent of the outstanding shares and approximately 96.4 percent of the votes in Niscayah.

Both Securitas and Stanley Black & Decker made bids for Niscayah but Stanley's offer represented a premium of approximately 16.9 percent compared to the value of the Securitas offer. Stanley Black & Decker offered about 7.6 billion Swedish kronor (868 million Euro), or 18 kronor a share in cash.

Stanley Black & Decker intends to delist Niscayah's B shares from the Nasdaq OMX Stockholm. For those shareholders who accepted the offer during the initial acceptance period, the settlement will commence on September 9, 2011. Shareholders who have not yet accepted the offer get a chance to do so until September 23, 2011 since SBD Holding extended the acceptance period.

Stanley Black & Decker’s security business last year topped $2.1 billion in revenue, accounting for about one-fourth of the total.

The Swedish business press now speculates that Melker Schörling and Gustaf Douglas, both major shareholders in Securitas, might want to buy the remaining shares of Securitas.

19 billion Swedish crowns (2.09 billion Euro) would be enough to devour the whole company. Both Melker Schörling and Gustaf Douglas have sold their Niscayah shares to Stanley Black & Decker.