ASSA ABLOY AB (publ) (OM:ASSA B) is considering options including selling its Yale and Emtek locks brands as it seeks to overturn U.S. antitrust opposition to its planned purchase of Spectrum's Hardware and Home Improvement (HHI), three sources familiar with the matter said. Assa Abloy is working with an advisor to find a buyer for the brands, the sources said, speaking on condition of anonymity. The two brands that Assa Abloy is looking to sell could be valued at about $1 billion-$2 billion, the sources said.

Potential buyers may include private equity firms, two of the sources said. Assa Abloy declined to comment on the sale talks. "As you would know we informed the markets in September that we intend to dispute the DoJ's complaint in relation to our proposed acquisition of HHI.

We are now in the process of setting together the formal appeal of their complaint," said a spokesperson for Assa Abloy.