Thursday, June 22, 2017

Sycamore Partners close to deal to acquire Staples


A shopping cart is seen outside a Staples office supplies store in the Chicago suburb of Glenview, Illinois, February 4, 2015. REUTERS/Jim Young/File PhotoPrivate equity firm Sycamore Partners is in advanced talks to acquire Staples Inc following an auction for the U.S. office supplies retailer, people familiar with the matter said on Wednesday, in a deal that could top $6 billion.


The acquisition would come a year after a U.S. federal judge thwarted a merger between Staples and peer Office Depot Inc on antitrust grounds.. . . more

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