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Staples, Inc. Announces Acquisition of Office Depot, Inc.

  • Combined Company Better Positioned to Serve the Changing Needs of Customers and Compete Against a Large and Diverse Set of Competitors
  • Strategic Combination Expected to Deliver at Least $1 Billion of Annualized Synergies by Third Full Fiscal Year Post-Closing
  • Cost Savings and Operational Efficiencies to Dramatically Accelerate Staples' Strategy of Driving Growth in Delivery Businesses and Categories Beyond Office Supplies
  • Provides Ability to Optimize Retail Footprint
  • Generates Significant Value for Shareholders; Accretive to EPS in First Year Post-Closing1

STATUS UPDATE ON THE INTENDED OFFER BY TENNESSEE ACQUISITION B.V. FOR KONINKLIJKE TEN CATE N.V.

On 20 July 2015, Tennessee Acquisition B.V. (the "Offeror") and TenCate issued a joint press release in respect of the intended recommended public cash offer for all issued and outstanding ordinary shares in the capital of TenCate at an offer price of € 24.60 (cum dividend) for each TenCate Share, subject to customary conditions (the "Offer").

Stora Enso acquires Dutch company De Jong Packaging Group to accelerate growth in renewable corrugated packaging

Stora Enso acquires De Jong Packaging Group, based in the Netherlands, for an enterprise value of approximately EUR 1,020 million. This acquisition will advance Stora Enso’s strategic direction, accelerate revenue growth and build market share in renewable packaging in Europe.

Stora Enso completes the acquisition of De Jong Packaging Group

Stora Enso has completed the acquisition of the Netherland-based company De Jong Packaging Group, one of the largest corrugated packaging producers in the Benelux countries. The acquisition announced in September 2022 with an enterprise value of approximately EUR 1,020 million was closed today following regulatory clearances and employee consultation.


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