Staples in $6.9 billion sale to private equity firm Sycamore: Reuters

strong>Sycamore Partners said on Wednesday it would acquire U.S. office supplies chain Staples Inc (SPLS.O) for $6.9 billion, a rare bet by a private equity firm this year in the U.S. retail sector, which has been roiled by the popularity of internet shopping, Reuters reported.

29 June 2017•2 mins read
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