Staples Acquires More Than 99 Percent of Shares in Corporate Express

Staples, Inc. (Nasdaq: SPLS) and its wholly owned subsidiary Staples Acquisition B.V. (“Staples Acquisition”) announced today that the following securities have been tendered during the post acceptance period (na-aanmeldingstermijn) (“Post Acceptance Period”) of the offer to acquire the outstanding securities of Corporate Express N.V. (“Corporate Express”) (“Offer”): (i) 7,437,636 ordinary shares with a nominal value of EUR 1.20 each (“Ordinary Shares”), including the Ordinary Shares represented by American Depositary Shares (“ADSs”), representing approximately 4.0 percent of the total issued and outstanding Ordinary Shares in the capital of Corporate Express (ii) 104,137 preference shares A with a nominal value of EUR 1.20 each (“Preference Shares”), representing approximately 0.2 percent of the total issued and outstanding... [read full story]