by stefanie | May 4, 2021 | City News
Staples Solutions B.V. announced on 4 May that it has divested its operations in Finland and in Portugal to buyers Wulff and Firmo respectively. Both transactions concluded on 3 May 2021. Staples said in its announcement that Wulff and Firmo are strong industry...
by stefanie | Apr 1, 2021 | City News
Staples said it will evaluate all alternatives in its pursuit of the ODP Corporation. USR Parent, Inc. (Staples) announced that, in light of the 15 March 2021 public announcement made by the Board of Directors of The ODP Corporation indicating that ODP would be open...
by stefanie | Mar 16, 2021 | City News
The Board of Directors of The ODP Corporation responded to and rejected unanimously a proposal from USR Parent Inc., the Sycamore-affiliated owner of Staples, to acquire various ODP assets. Staples’ proposal was contained in a letter dated 10 March 2021, from Stefan...
by stefanie | Feb 26, 2021 | City News
PBS Holding acquired Staples’ Global Accounts Business effective 19 February 2021. Over the past three years, Staples Solutions‘ strategy has been to move closer to the customer and reduce its organisational complexity. Its strategy to localise its business included...
by stefanie | Jan 20, 2021 | City News
In a letter to Sycamore Partners, the owner of Staples, ODP Corporation rejects the acquisition offer, but outlines a “more direct path to achieving synergies for shareholders of both companies, without raising substantial regulatory risk. In its letter, ODP proposes...
