Sycamore Said in Advanced Talks to Buy Staples: Reuters
Alert: HALISTER
Source: BFW (Bloomberg First Word)
Tickers
SPLS US (Staples Inc)
9875574Z US (Sycamore Partners LLC)
137482Z US (Cerberus Capital Management LP)
Topics
BFW Asia Credit News
BFW Debt Capital Markets
BFW Debt Capital Markets U.S.
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UUID: 7947283
(Bloomberg) -- Sycamore Partners in advanced talks to buy Staples in deal that could top $6b; could be announced as soon as next week, Reuters reports, citing unidentified people familiar.
- Sycamore in process of finalizing debt financing package for bid after beating Cerberus Capital in auction
- Staples, Sycamore declined to comment; Cerberus didn’t immediately respond to a request for comment: Reuters
- SPLS rises as much as 5.4% post-market on ~200k shares
Alert: HALISTER
Source: BFW (Bloomberg First Word)
Tickers
SPLS US (Staples Inc)
9875574Z US (Sycamore Partners LLC)
137482Z US (Cerberus Capital Management LP)
Topics
BFW Asia Credit News
BFW Debt Capital Markets
BFW Debt Capital Markets U.S.
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283