09:48 AM EST - CCL Industries Inc. : announced today that it has signed a binding agreement to acquire the Office & Consumer Products and Designed & Engineered Solutions businesses of Avery Dennison on a debt-free basis for $500 million cash subject to customary closing adjustments. A syndicate of banks has committed to provide debt financing to close the transaction. CCL Industries Inc.
shares T.CCL.A are trading unchanged at $45.25.
