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R.R. Donnelley & Sons Enterprise (NYSE: RRD) (“RRD” or the “Company”), a top world service provider of internet marketing and enterprise communications, issued nowadays the next assertion in reaction to a modern Bloomberg short article pertaining to the probable sale of its Asia Pacific enterprise.
“While the Company’s follow is to not remark on speculation or industry rumors, RRD clarified right now that the Corporation is not presently engaged in conversations to offer its printing and packaging business in Asia Pacific. As administration has earlier mentioned, the Corporation is concentrated on its tactic to progress RRD as a foremost service provider of marketing and enterprise communications and continues to be centered on executing its lengthy-expression strategic priorities – which include strengthening its main business enterprise, driving revenue effectiveness and improving its equilibrium sheet. As section of this extensive-expression strategy, RRD consistently reviews its small business portfolio and periodically explores opportunities to sell portions of its organization to improve stockholder price. At this time, RRD carries on to actively spend for expansion in its Asia Pacific enterprise. In addition, the Organization might look at 1 or more strategic transactions for any of its corporations in the potential.”
RRD is a primary international provider of multichannel business communications solutions and marketing and advertising options. With extra than 35,000 employees across 29 nations, RRD features the industry’s most extensive supplying of options intended to enable companies—from Major Street to Wall Street—optimize consumer engagement and streamline company operations throughout the comprehensive consumer journey. RRD delivers a thorough portfolio of abilities, encounter and scale that allows businesses around the environment to produce, control, provide, and enhance their advertising and business enterprise communications approaches.
For far more details, go to the Company’s internet web site at www.rrd.com.
Use of Ahead-Looking Statements
This news release may perhaps have “ahead-on the lookout statements” within just the this means of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. Audience are cautioned not to location undue reliance on these ahead-on the lookout statements and any this sort of ahead-searching statements are skilled in their entirety by reference to the next cautionary statements. All ahead-looking statements discuss only as of the date of this information release and are primarily based on recent expectations and involve a range of assumptions, threats, and uncertainties that could result in the actual final results to vary materially from these forward-on the lookout statements. Visitors are strongly inspired to examine the total cautionary statements contained in RRD’s filings with the SEC. RRD disclaims any obligation to update or revise any forward-searching statements.
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