City News

Adveo France’s insolvency clouds back-to-school sales

One of France’s biggest office supply distributors enters administration at the height of seasonal demand.

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Sharp releases results for fiscal 2019

Sharp releases results for fiscal 2019

In its announcement, Sharp said that although Q1 -Q3 were in line with its prediction, the business was impacted in Q4 due to the global COVID-19 spread.

Office Depot Europe sells Nordics business

Office Depot Europe sells Nordics business

Office Depot Europe, a portfolio company of AURELIUS Equity Opportunities SE & Co. KGaA completed the divestment of Office Depot Nordics to CEO Frank Egholm in a family-office backed Management Buy-Out transaction.

13,000+ jobs to go at Office Depot

13,000+ jobs to go at Office Depot

In a recent SEC filing, Office Depot announced a big restructuring plan that will see 13,100 job losses by 2023 and store and distribution facility closures.

Ninestar continues with acquisitions

Ninestar continues with acquisitions

Slowly and surely Ninestar has been investing in other companies and has recently announced the share buyout of three more companies.

Konica Minolta revises forecasts

Konica Minolta revises forecasts

The company has released a notice regarding revisions of the forecasts for the consolidated financial results and dividends for the fiscal year ended 31 March 2020.

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