Insight Report 3 minutes PremiumSycamore Partners to Acquire Staples for $6.9 Billion Coresight Research June 30, 2017 Executive Summary Sycamore Partners will acquire US office supplies retailer Staples in a leveraged buyout deal for $6.9 billion. Staples has been suffering from increasing competition and slowing demand for office supplies, while its attempted merger with Office Depot was blocked on antitrust grounds in 2016. The leveraged buyout deal is expected to allow the company more leeway to restructure and better position its business amid current headwinds. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: CES 2023: Metaverse Highlights—Exploring Key Innovations in Augmented Reality, Artificial Intelligence and Immersive TechnologiesLivestreams Yet To See a Singles’ Day Surge: China Consumer Survey InsightsInsights Video: Market Navigator—US Grocery RetailingDecember 2023 Monthly Consumer Update: US, UK and China
