TTI Floor Care North America Inc, the owner of the Hoover and Dirt Devil vacuum cleaner brands, has put itself up for sale and is seeking as much as $900 million, the Wall Street Journal reported on Friday. TTI Floor Care, a subsidiary of Hong Kong's Techtronic Industries Co (0669.HK), has hired Bank of America Merrill Lynch (BAC.N) to advise it on a potential sale, the report said, citing people familiar with the matter.
Bank of America Corporation (Bank of America) is a bank holding company, and a financial holding company. Shares of BAC fell by 0.7% or $-0.07/share to $10.00. In the past year, the shares have traded as low as $10.06 and as high as $15.69. On average, 145826000 shares of BAC exchange hands on a given day and today's volume is recorded at 182811056.
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