9 16 Esselte Esselte NNP 17 19 AB AB NNP 19 20 , , , 21 24 the the DT 25 34 Stockholm Stockholm NNP 35 41 office office NN 42 50 supplies supply NNS 51 58 company company NN 58 59 , , , 60 62 as as IN 63 71 expected expect VBN 71 72 , , , 73 81 proposed propose VBN 82 84 to to TO 85 92 acquire acquire VB 93 96 the the DT 97 99 22 22 CD 99 100 % % NN 101 103 it it PRP 104 108 does do VBZ 108 111 n’t n't RB 112 115 own own VB 116 118 of of IN 119 122 its its PRP$ 123 127 U.S. U.S. NNP 128 132 unit unit NN 132 133 , , , 134 141 Esselte Esselte NNP 142 150 Business Business NNP 151 158 Systems System NNPS 159 162 Inc Inc NNP 162 163 . . . 166 169 The the DT 170 175 price price NN 176 178 in in IN 179 182 the the DT 183 191 proposal proposal NN 192 194 is be VBZ 195 196 $ $ $ 196 201 43.50 43.50 CD 202 205 for for IN 206 210 each each DT 211 213 of of IN 214 217 the the DT 218 221 4.9 4.9 CD 222 229 million million CD 230 236 shares share NNS 237 240 the the DT 241 247 parent parent NN 248 252 does do VBZ 252 255 n’t n't RB 256 259 own own VB 259 260 , , , 261 263 or or CC 264 265 $ $ $ 265 270 213.2 213.2 CD 271 278 million million CD 278 279 . . . 282 284 In in IN 285 288 New New NNP 289 293 York York NNP 294 299 Stock Stock NNP 300 308 Exchange Exchange NNP 309 318 composite composite JJ 319 326 trading trading NN 326 327 , , , 328 335 Esselte Esselte NNP 336 342 closed close VBD 343 352 yesterday yesterday NN 353 355 at at IN 356 357 $ $ $ 357 362 43.50 43.50 CD 363 364 a a DT 365 370 share share NN 370 371 , , , 372 374 up up RB 375 376 $ $ $ 376 377 1 1 CD 377 378 . . . 381 382 A a DT 383 392 committee committee NN 393 395 of of IN 396 403 outside outside JJ 404 413 directors director NNS 414 417 for for IN 418 421 the the DT 422 428 Garden Garden NNP 429 433 City City NNP 433 434 , , , 435 439 N.Y. N.Y. NNP 439 440 , , , 441 445 unit unit NN 446 448 is be VBZ 449 459 evaluating evaluate VBG 460 463 the the DT 464 472 proposal proposal NN 472 473 ; ; : 474 477 the the DT 478 484 parent parent NN 485 490 asked ask VBD 491 493 it it PRP 494 496 to to TO 497 504 respond respond VB 505 507 by by IN 508 512 Oct. Oct. NNP 513 515 31 31 CD 515 516 . . . 517 520 The the DT 521 525 unit unit NN 526 530 said say VBD 531 533 it it PRP 534 537 can can MD 538 545 provide provide VB 546 548 no no DT 549 558 assurance assurance NN 559 560 a a DT 561 572 transaction transaction NN 573 577 will will MD 578 583 occur occur VB 583 584 . . . 587 594 Esselte Esselte NNP 595 597 AB AB NNP 598 602 sold sell VBD 603 606 the the DT 607 615 minority minority NN 616 621 stake stake NN 622 626 five five CD 627 632 years year NNS 633 636 ago ago RB 637 639 in in IN 640 641 a a DT 642 643 $ $ $ 643 645 40 40 CD 646 653 million million CD 654 667 international international JJ 668 673 share share NN 674 682 offering offering NN 682 683 . . . 684 687 The the DT 688 692 unit unit NN 692 693 , , , 694 699 which which WDT 700 702 is be VBZ 703 706 the the DT 707 714 holding hold VBG 715 722 company company NN 723 726 for for IN 727 734 Esselte Esselte NNP 734 736 ’s 's POS 737 748 non-Swedish non-swedish JJ 749 754 units unit NNS 754 755 , , , 756 765 accounted account VBD 766 769 for for IN 770 772 58 58 CD 772 773 % % NN 774 776 of of IN 777 782 sales sale NNS 783 786 and and CC 787 789 71 71 CD 789 790 % % NN 791 793 of of IN 794 803 operating operating NN 804 810 profit profit NN 811 815 last last JJ 816 820 year year NN 820 821 . . . 824 834 Separately separately RB 834 835 , , , 836 843 Esselte Esselte NNP 844 852 Business Business NNP 853 860 Systems System NNPS 861 869 reported report VBD 870 883 third-quarter third-quarter JJ 884 887 net net JJ 888 894 income income NN 895 899 fell fall VBD 900 903 5.9 5.9 CD 903 904 % % NN 905 907 to to TO 908 909 $ $ $ 909 912 9.5 9.5 CD 913 920 million million CD 920 921 , , , 922 924 or or CC 925 927 46 46 CD 928 933 cents cent NNS 934 935 a a DT 936 941 share share NN 941 942 , , , 943 947 from from IN 948 949 $ $ $ 949 953 10.1 10.1 CD 954 961 million million CD 961 962 , , , 963 965 or or CC 966 968 49 49 CD 969 974 cents cent NNS 975 976 a a DT 977 982 share share NN 982 983 , , , 984 986 in in IN 987 990 the the DT 991 999 year-ago year-ago JJ 1000 1007 period. period. NN 1008 1013 Sales sale NNS 1014 1018 rose rise VBD 1019 1022 2.9 2.9 CD 1022 1023 % % NN 1024 1026 to to TO 1027 1028 $ $ $ 1028 1033 329.2 329.2 CD 1034 1041 million million CD 1042 1046 from from IN 1047 1048 $ $ $ 1048 1051 320 320 CD 1052 1059 million million CD 1059 1060 . . .