Staples, Inc. completes sale of controlling interest in its European operations to a Cerberus Capital Management affiliate

FRAMINGHAM, Mass. & NEW YORK, 2017-Feb-28 — /EPR Retail News/ — Staples, Inc. (NASDAQ: SPLS) and Cerberus Capital Management, L.P. (“Cerberus”) today announced the completion of the sale of a controlling interest in Staples’ European operations to a Cerberus affiliate.Staples, Inc. will retain a 15 percent equity interest in the business, which has been separated into […]