Clover upgraded to stable

Clover upgraded to stable

Moody’s, the Credit Reference Agency, recently instituted a rating change, upgrading 4L Technologies, Clover’s parent company, from a negative rating to stable. Moody’s, the Credit Reference Agency, recently upgraded 4L Technologies, Clover’s...
Clover upgraded to stable

Konica Minolta acquires Lexington business

Konica Minolta Business Solutions has announced the acquisition of VeBridge Holdings, Inc. VeBridge Holdings is a Lexington, Kentucky-based document management business that specialises in enterprise content management (ECM), business process automation and...
CDW announces change of CEO

CDW announces change of CEO

CDW has announced that Tom Richards, Chairman and Chief Executive Officer, will step down on 31 December 2018, after nine years with CDW.   Richards will become Executive Chairman of the Board of Directors and serve through at least 2019.  Christine Leahy...
Staples’ Essendant acquisition confirmed

Staples’ Essendant acquisition confirmed

Despite the prospect of a last minute hitch, Staples’ takeover of the Illinois-based office supplier has been officially confirmed. Under the terms of the deal, Staples will acquire all of the outstanding shares of Essendant, in a transaction worth around $996 million...
Restore reveals half-year rises

Restore reveals half-year rises

The UK-based office services provider has published its consolidated financial results for the first half of 2018. The company’s overall revenue rose by 9 percent compared to the same period of last year, increasing from £86.9 million ($113.9 million/€97.7 million) to...