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 […]

Cerberus Capital Management, L.P. acquires controlling interest in Staples’ European operations

FRAMINGHAM, Mass. & NEW YORK, 2016-Dec-09 — /EPR Retail News/ — Staples, Inc. (NASDAQ:SPLS) and Cerberus Capital Management, L.P. (Cerberus) announced today (Dec. 7, 2016) that Staples and Cerberus have entered into an agreement in relation to the sale of a controlling interest in Staples’ European operations to a Cerberus affiliate. Staples’ European business consists of […]