The Recycler
  • ECS Web ad October
  • Katun March Web Advert 2021
  • Nubeprint Online 425x90
  • Biuromax Web ad May 2021
  • Ninestar Masthead banner July 2021

Staples sale update

Staples sale update

June 23, 2017

The office supply company has been in further talks with Sycamore Partners who want to buy the company.

CNBC reported that the offer on the table could potentially exceed $6 billion (€5.3 billion) and the deal should be sealed next week. It has been a year since the failed merger of Staples and Office Depot after a judge ruled that it could not take place and Sycamore believes that it can change the Staples business model from “serving consumers to catering to companies” once it goes private.

Sycamore partners outbid Cerberus Capital Management with their bid and are finalising a “debt financing package for its bid for Staples” and an agreement could be finalised as early as next week if deal discussions go well.

Sources who did not want to be named indicated that the deal discussions are confidential and there is still everything to play for.

Categories : Around the Industry

Tags : Acquisition Business Staples

  • Armor May banner Ink
  • GPI Web ad October
  • IR Italiana Web ad January 2021
  • Apex web ad May 2021 version 2
  • Ninestar Big & Bold July 2021
  • GM Tech Web ad October
  • Aster Web ad October
  • Static Web ad July 2021
  • Mito September 2021 Web Advert
  • PCL Web ad January 2021
  • CTS Toner Supplies Web ad April 2021
  • HYB Web ad February 2021
  • CET Web ad September 2021
  • ITP Web ad January 2021
  • Ohana July 2021 web advert
  • Adter Recruitment Web ad April 2021
  • PW Dubai December Ad
  • Adter Recruitment Web ad April 2021
  • Ohana July 2021 web advert
  • CTS Toner Supplies Web ad April 2021
  • ITP Web ad January 2021
  • HYB Web ad February 2021
  • PW Dubai December Ad
  • CET Web ad September 2021
  • PCL Web ad January 2021
  • Ohana July 2021 web advert
  • PW Dubai December Ad
  • PCL Web ad January 2021
  • Adter Recruitment Web ad April 2021
  • CTS Toner Supplies Web ad April 2021
  • CET Web ad September 2021
  • ITP Web ad January 2021
  • HYB Web ad February 2021

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark