SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Item 2.01. Completion of Acquisitionor Disposition of Assets
On October 11, 2019 (the “Closing Date”), 3MCompany, a Delaware corporation (the “Company”), completed the acquisition of Acelity, Inc., a Delawarecorporation (“Acelity”) from Acelity L.P. Inc., a Guernsey limited partnership (“Seller”). Pursuantto the Stock Purchase Agreement dated as of May 1, 2019, by and among Seller, Acelity and the Company (the “Stock Purchase Agreement”), the Company acquiredall of the outstanding shares of the capital stock of Acelity for aggregate cash consideration of approximately $4.511billion, subject to certain adjustments.
The foregoing description of the Stock Purchase Agreement andthe transactions contemplated thereby does not purport to be complete and is qualified in its entirety by reference to the fulltext of the Stock Purchase Agreement, which was filed as Exhibit 2.1 to the Current Report on Form 8-K filed by the Company withthe Securities and Exchange Commission on May 2, 2019, and is incorporated herein by reference.
Item 7.01.Regulation FD Disclosure
On October 11, 2019, the Company issued a press release announcingthe completion of the acquisition of Acelity as contemplated by the Stock Purchase Agreement. A copy of that press release is beingfurnished herewith as Exhibit 99.1.
This information is being furnished under Item 7.01 and shallnot be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “ExchangeAct”), or otherwise subject to the liability of such section, nor shall this information be deemed incorporated in any filingsmade by the Company under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, exceptas expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
|99.1||Press Release, dated October 11, 2019.|
|104||Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).|
Pursuant to the requirements of the Securities Exchange Actof 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|Date: October 11, 2019||3M Company|
|By:||/s/ Ivan K. Fong|
|Ivan K. Fong|
|Senior Vice President, General Counsel and Secretary|