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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: China Consumer Tracker: Consumer Confidence DeclinesJuly 2023 Leading Indicators of US Retail Sales: Projecting Low-Single-Digit Growth Amid Marginal Disposable Income RiseE-Commerce Outlook: US Home-Improvement Market—Retailers Expand Their Online OfferingsThree Things You Need To Know: DNVBs in the US Beauty Market
