Saturday, 7 December, 2019

Paperworld underlines sustainability initiatives | Exertis appoints UK Head of Marketing | Key European...

This week’s round-up of business supplies and stationery news from around the web. Paperworld highlights sustainability relevance Paperworld 2020 will…

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…

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…

Willert Snr joins Static Control

The former CEO of LMI Solutions Gary Willert has been hired by Static Control in a strategic advisory capacity. Willert…

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…

ISC and Amazon to cooperate on counterfeits

The Imaging Supplies Coalition (ISC) and Amazon have signed a memorandum of understanding they say will initiate a new era…

HP rejects Xerox offer

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

Tech Data to be taken private

Technology distribution giant Tech Data has agreed to be acquired by private equity firm Apollo Global Management in a $5.4…

Acquisitions drive Exertis earnings growth

Adjusted operating profit at DCC Technology – which trades as Exertis – grew by around 40% in the six months…

Supply Chimp on $5.5 billion contract

US independent business supplies reseller Supply Chimp has won a blanket purchase agreement (BPA) on the US General Services Administration’s…

Zagg keeps mum on takeover speculation

The CEO of mobile accessories vendor Zagg has declined to comment on the company’s ongoing strategic review. Chris Ahern told…

Messe Frankfurt marketplace goes live | Supreme Court turns down Staples request | Saligram...

This week’s round-up of business supplies-related stories from around the web. Messe Frankfurt B2B platform goes live Messe Frankfurt has…

HP confirms Xerox bid

Following a couple of days of intense speculation, HP Inc has issued a short statement confirming it has received a…

Senior management changes at Brother’s US operations

Brother International Corporation (BIC-USA) has named company veteran Don Cummins as President. Cummins joined Brother USA in 1985, beginning his…

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…