A consortium of private equity firms including Bain Capital is considering a buyout of listed office supplies retailer Staples. Fortune reported Thursday that preliminary talks have been held on a deal but no announcement is forthcoming soon.
PE firms interested in taking Staples private – Fortune
Thu, Sep 13 17:24 PM EDT
Sept 13 (Reuters) – Several private equity firms including Bain Capital are considering a buyout offer for retailer Staples Inc, Fortune reported on Thursday, citing unnamed sources.
Bain Capital, which helped to take the largest U.S. office supply public more than two decades ago, did not immediately respond to a request seeking comment. Staples declined to comment.
The discussions have been preliminary thus far and the earliest an actual offer could come would be late this year, the sources told Fortune.
The report came less than a month after Staples cut its profit and sales forecasts for ...