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3M drops plan to buy Avery-Dennison's office products business

Oct 3 (Reuters) - 3M Co said it terminated its deal to buy Avery-Dennison Corp's office and consumer products business.

The U.S. Justice Department had in September threatened a lawsuit to block the $550 million deal over antitrust concerns.

Separately, Avery-Dennison said it will continue to pursue a sale of the business.

(Reporting by Mridhula Raghavan in Bangalore)

((mridhula.raghavan@thomsonreuters.com)(within U.S. +1 646 223 8780)(outside U.S. +91 80 4135 5800)(Reuters Messaging: mridhula.raghavan@thomsonreuters.com@reuters.net))

Keywords: 3M AVERYDENNISON OFFER/

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