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3M completes Scott Technologies deal

3M Co. on Oct. 4 closed its acquisition of Scott Technologies Inc. for a transaction value of $2.00 billion.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Citigroup Inc. and Goldman Sachs & Co. LLC were the financial advisers for 3M, and Cleary Gottlieb Steen & Hamilton LLP was the legal adviser.