Saturday, 7 December, 2019

Clover Wireless makes major acquisition

Clover Wireless has completed the acquisition of Netherlands-based technology life cycle firm Teleplan for an undisclosed sum. Teleplan is a…

Icahn publishes letter to HP shareholders

Activist investor Carl Icahn has written an open letter to the shareholders of HP Inc, likening the company’s standalone restructuring…

Sales and earnings up at Manutan

European workplace supplies reseller Manutan has released an overview of its full-year results, with improvements to both the top and…

SPR to sell regional distributor

US wholesaler S.P. Richards (SPR) has agreed to sell its Garland C Norris (GCN) unit to Southeastern Paper Group (SEPG).…

EVO makes acquisition

Leading UK multichannel office products operator EVO Group of Companies has announced the acquisition of Premier Vanguard, the country’s largest…

Bidding war for Tech Data

The private equity firm aiming to buy technology distributor Tech Data has upped its purchase price after the company received…

Xerox keeps promise to go hostile

Xerox has said it will engage directly with HP’s shareholders after accusing the HP board of pursuing a strategy that…

HP focuses on business

HP Inc declined to comment on the hostile takeover move by Xerox during yesterday’s quarterly earnings conference call. At the…

Online sales jump at Best Buy

Consumer electronics retailer reported a 15% increase in its US online sales in the third quarter. Best Buy’s e-commerce sales…

Schwan-Stabilo highlights “market turmoil”

The Schwan-Stabilo group – which includes the Stabilo Writing Instruments division – has said that “global market turmoil” affected its…

Sales steady at Tech Data

Technology distributor Tech Data has reported flat currency-adjusted sales in the third quarter. The company’s revenue in the three months…

HP stands its ground

HP Inc has sent another letter to Xerox again rejecting its smaller rival’s takeover offer. At the end of last…

Clover Imaging acquired by management/private equity combo

The management of Clover Imaging Group in partnership with Norwest Equity Partners (NEP) have agreed to acquire the aftermarket remanufacturer…

Xerox flexes its muscles

Xerox has fired a strongly worded letter to HP Inc’s board underlining its intention to push ahead in its attempt…

Two acquisitions for Cott

Water and beverages supplier Cott has made an acquisition on each side of the Atlantic. On Monday 18 November, Cott’s…

CFO to leave Depot | sales-i develops rep group solution | ALSO agrees €300m...

This week’s round-up of business supplies-related stories from around the web. Depot searching for new CFO Office Depot Inc is…

Kokuyo ups Pentel bid

Japanese stationery giant Kokuyo has increased its offer to acquire Pentel after rival group Plus Corporation revealed its own tie-up…

Staples Solutions to sell Staples Connect

Staples Solutions has reached an agreement to sell its Staples Connect IT services business in Sweden to Leeward Capital and…

HP rejects Xerox offer

The board of HP Inc has unanimously rejected the recent takeover offer from Xerox, saying it significantly undervalues the company…

Kokuyo makes hostile bid for Pentel

There has been a further twist in the investment by Japanese stationery and office furniture giant Kokuyo in writing instruments…

Big Read

Icahn publishes letter to HP shareholders

Activist investor Carl Icahn has written an open letter to the shareholders of HP Inc, likening the company’s standalone restructuring…