ACCO Brands To Buy Trust For About $57 Million - SEC Filing
ACCO•ACCO Brands to buy Trust for about $57 million
Aug. 14 (Reuters) - ACCO Brands Corp said in an SEC filing that it will buy Trust for about $57 million.
- ACCO Brands Corp expects cost synergies of $5 million-$8 million.
- The deal is expected to be financed through its revolving credit facility.
- ACCO Brands said the Trust deal is expected to be modestly accretive to adjusted EPS in the first 12 months.
- GXT Holding B.V., together with its subsidiaries, is also known as Trust.
