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Private equity backs Complete Business Solutions

UK office products dealer Complete Business Solutions has received backing from a private equity firm.Abercross Holdings has made a significant…

NZ watchdog seeks to halt OfficeMax deal

New Zealand’s competition watchdog has launched an injunction to halt the merger of OfficeMax and Winc.The Commerce Commission has filed…

Staples shareholders approve sale

Staples Inc’s acquisition by private equity firm Sycamore Partners is on track to be finalised shortly after the office supplies…

Apple to launch iOS business solution | Depot expands school partnership | Integration for...

A round-up of this week’s office products, business supplies and stationery news from around the web and elsewhere.Tech giant Apple…

ECi snapped up by private equity firm

Software provider ECi Solutions has been acquired by private equity firm Apax Partners.Following the transaction, ECi will be combined with…

Diversey appoints CEO

Sealed Air spin-off Diversey has announced its new CEO.Dr Ilham Kadri will head up the hygiene supplies group, which split…

Potier looking forward to Bruneau expansion

Nicolas Potier, Managing Director of French reseller JM Bruneau, has told OPI he is looking forward to growing the business…

Bruneau sale moves closer

The prospects of leading French office products reseller JM Bruneau changing hands now seem a formality after private equity firm…

Analysis: Analysts snub Essendant conference call

There was a distinct lack of interest from the investment community in Essendant’s second quarter results conference call yesterday.Jefferies’ analyst…

Analysis: Staples’ takeover journey revealed

A regulatory filing by Staples has provided details of the company’s proposed takeover by private equity (PE) firm Sycamore Partners.Staples…

Spicers Australia clashes with shareholders

The board of Spicers Australia, formerly PaperlinX, has locked horns with shareholders once again.Private equity firm Coastal Capital – which…

Regulator delays OfficeMax takeover decision

The Australian competition regulator has delayed a decision over the acquisition of OfficeMax Australia by private equity firm Platinum Equity.The…

Sycamore in advanced talks for Staples takeover

Private equity firm Sycamore Partners is in advanced talks to acquire Staples.It is rumoured to have offered in excess of…

Cerberus ups Staples takeover bid

Private equity group Cerberus Capital Management has raised its bid for Staples, according to StreetInsider sources.The office supplies reseller rejected…

BIC completes strategic review

Writing instruments vendor BIC is to sell its Graphic North America and its Asian Sourcing operations.The divisions have been bought…

Hot Topic: Friend or foe?

There have always been investments, deals, mergers and acquisitions and money floating around the office products industry. While the 1990s…

Staples rebuffs Cerberus takeover bid

Staples has reportedly rejected a takeover bid from Cerberus Capital Management.The OP giant turned down the offer on the basis…

Staples ANZ acquisition closes

Platinum Equity has announced it has completed the acquisition of the Staples business in Australia and New Zealand (ANZ) from…

Business goes on for Staples ANZ

A recent press release from a software provider to Staples Australia and New Zealand (ANZ) highlights that companies must adopt…

Private equity firms stoke Staples sale rumours

Rumours of a Staples private equity (PE) deal still seem to be very much alive despite recent doubts from Wall…

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…