by Owen Collins | Mar 25, 2019 | City News
The private equity firm is hoping to recoup around $1.6 billion (€1.41 billion) through a recapitalisation of Staples Inc., that will leave the supplier with around $1 billion (€884.1 million) of additional debt. According to Bloomberg, the recapitalisation would...
by stefanie | Jan 18, 2019 | City News
Kotak Investment Advisors and Karvy Data Management Services have submitted bids to acquire Ricoh’s troubled Indian subsidiary. As the Economic Times reports, the “distressed” Ricoh India has almost Rs 3000 crore ($421.7 million/€369.7 million) in unpaid dues and owes...
by stefanie | Jan 3, 2019 | City News
According to Zacks Equity Research, there are several reasons why Office Depot, Inc could be a promising stock option in 2019. Zacks explains that, in the midst of “a plethora of woes”, including the current US-China trade war and “slowing global economy”, one of the...
by stefanie | Dec 14, 2018 | Around the Industry
Messe Frankfurt has revealed that it has continued its growth in financial year 2018 and new records were set with sales expected to be in the region of €715 million. The 490-plus events held around the world under the Messe Frankfurt umbrella were attended by...
by Owen Collins | Nov 21, 2018 | City News
The American office supply company has announced that it is buying back $100 million (€87.7 million) of stock in 2019 to help improve its financial outlook. According to South Florida Business Journal, the stock repurchase programme will begin on January the 1st, in a...
