Staples to sell controlling stake in European unit to Cerberus

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    • Jan 2009
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    Staples to sell controlling stake in European unit to Cerberus

    Office supplies retailer Staples Inc said on Wednesday it would sell its controlling stake in its European business to an affiliate of private equity firm Cerberus Capital Management LP to focus on its North American operations. A shopping cart is seen outside a Staples office supplies store in the Chicago suburb of Glenview, Illinois, February 4, 2015.


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