The boxing match appears to be over and Staples has won its battle to acquire Corporate Express. I expect this to lead to the most significant shake up in the stationery offer Australia has seen since Officeworks first opened. Now is the time for newsagents to work on their stationery story, it will be too late in a year when we may be staring at Staples opening here.
Are you confusing Corporate Express NV with the ASX-listed Corporate Express? They’re too different entities, though there could be a flow-on effect…
Half confusing Alex. I do understand they are different entities. However, I expected a flow of expect from the sale.