Office Depot told Staples owner Sycamore Partners that it is open to explore the possibility of Staples acquiring Office Depot’s retail business, and that it is open to selling its non-retail ...

Its last big purchase saw it pay roughly $7 billion for office supply retailer Staples in 2017. A deal between Walgreens Boots Alliance and Sycamore Partners would take the company private.

Staples was last in the bond market in 2019 when it sold US$1bn of the unsecured 2027s, along with US$2bn of secured 7.5% 2026s, according to IFR data. Proceeds from that deal financed a US$1bn ...