Cerberus

Adveo uncertainty after takeover collapse

October 23, 2018

Negotiations between the office equipment supplier’s creditors and those of its proposed buyer, Staples Solutions, have collapsed. As a result of the breakdown in talks, the company’s shares have plunged by 27.5 percent, with shares losing 83 percent of their value since the beginning of 2018. Staples Solutions, a subsidiary of Cerberus, previously launched a […]