STAPLES DEAL
October 1st, 2002
BY KEITH NUTHALLTHE EUROPEAN Commission has cleared the acquisition by US office supplies firm Staples of the office supplies distance-selling business of French company Guilbert. Brussels agreed that the take-over did not pose competition problems, because, although it would boost Staples' position in Europe, the giant would still face strong rivals, notably the US-based Office Depot. Guilbert's distance selling business is concentrated in France, and although the Commission noted that there were some overlaps with Staples' services in Britain, these were not ...
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