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Recent Articles

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ODP delays plans to spin off its consumer business, which includes the Office Depot and OfficeMax retail banners; delay will give the company's board time to contemplate a US$1B acquisition offer for the consumer unit from Staples

AURELIUS sells Office Depot Europe, Viking businesses to RAJA Group, a European packaging distributor and player in office supplies, furniture markets; acquisition to strengthen RAJA's presence in Europe, help it grow partnerships with European companies

Commentary: If Staples can buy Office Depot's consumer business, merger may have come a few years too late; Walmart, Amazon have crushed office supply space, marking death of another big box sector of commoditized goods sold as loss leaders elsewhere

Staples makes US$1B offer for Office Depot, OfficeMax retail operations; Staples had proposed US$2.1 billion offer for entire parent company ODP Corp. in January, but was rejected in part over antitrust concerns

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