Avery Dennison Corp. is going to sell two business lines

Note: This section contains information in English only.
Source: Marketwatch

Avery Dennison Corp., the manufacturer of pressure sensitive substances and retail branding solutions, announced it will sell its "office and consumer products" business to 3M Corp. The deal is valued at $550 million. The earnings of the trade would help the company to cut debt, execute stock buy backs and provide pension contributions, said Avery Dennison in a Tuesday announcement.

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