Office Depot Parent Soars on Staples $2.1 Billion Takeover Offer

Office Depot Parent Soars on Staples $2.1 Billion Takeover Offer

Shares of Office Depot’s parent, ODP  –  Get Report, soared Monday after rival Staples offered to buy the office-supplies retailer for $40 cash a share, or $2.1 billion. Shares of ODP, Boca Raton, Fla., at last check were up 17% at $43.21. The move past...
Dr Martens plans to float on stock market for first time

Dr Martens plans to float on stock market for first time

Footwear brand Dr Martens is planning to sell shares to stock market investors for the first time in its 60-year history. Dr Martens sold in excess of 11 million pairs of shoes last year, generating £672m in the 12 months to 31 March. The maker of the eight-holed 1460...
Patron Capital raises €844m for pan-European property fund

Patron Capital raises €844m for pan-European property fund

Patron Capital, the pan-European institutional investor focused on property-backed investments, has raised €844 million ($1.038 billion) for its Patron Capital, L.P. VI (Fund VI) fund, including approximately €128 million ($157 million) of co-investment capital. Of...