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|ACCO Brands Receives Clearance From Competition Authorities For Acquisition Of Esselte|
The company also announced that it will release fourth quarter 2016 financial results on
Esselte is a leading global manufacturer and marketer of branded office products serving over 10,000 customers in over 120 countries. Esselte takes products to market under the Leitz, Rapid and Esselte brands in the storage and organization, stapling and punch, business machines and do-it-yourself tools product categories.
The company's expectation that it will complete the transaction by early February is a "forward-looking statement" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. This forward-looking statement is subject to certain risks and uncertainties and is made as of the date hereof, and we undertake no obligation to update this statement except as may be required by law.
Among the factors that could affect our ability to timely complete the transaction are the risk that material conditions to the closing of the acquisition of Esselte may not be satisfied, and the risk that material conditions to the entry into the Third Amended and Restated Credit Agreement, which is the facility through which we intend to finance the acquisition, may not be satisfied. The effectiveness of our Third Amended and Restated Credit Agreement is in turn subject to risks and uncertainties, including those described in "Part I, Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/acco-brands-receives-clearance-from-competition-authorities-for-acquisition-of-esselte-300394237.html
Rich Nelson, Media Relations, (847) 796-4059; Jennifer Rice, Investor Relations, (847) 796-4320