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What are you searching for?
September 1, 2013
By: Jamie Matusow
Avery Dennison Corporation has completed the sale of its Office and Consumer Products and Designed and Engineered Solutions businesses to CCL Industries Inc. for $500 million, subject to customary closing adjustments. Avery Dennison continues to expect net proceeds from the sale of approximately $400 million, and intends to use them to repurchase shares and make an additional pension plan contribution.
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