Staples has offered to buy the shares in Corporate Express it does not own. MarketWatch has more. This was always expected once Staples acquired their shares in August 2008. Once they mop up the shares, watch for major moves on the retail and corporate stationery fronts. Staples is a tremendously successful organisation. Their stores are the benchmark. I have seen plenty across the US and the offer is consistent. They will be a tougher competitor than Officeworks.
I will be interested to see if the ANF acts on the rumours of it doing a deal with Corporate Express.