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Staples to divest controlling stake in Staples Europe to Cerberus

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Published in issue 50/2016
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Staples Inc has entered into an agreement with Cerberus Capital Management to divest a controlling stake in its European business, owned by Staples’ indirect wholly owned subsidiary Staples Cyprus Intermediary Holdings, to Promontoria Holding 192 B.V., a Cerberus affiliate. Staples’ European business consists of ...

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