News roundup—2nd April 2008

News roundup—2nd April 2008

Findel is optimistic for the year ahead with all
divisions contributing to the group’s 17 per cent year-on-year
growth. The reports that Findel’s home
shopping sales (including the Letterbox and The
Cotswold Company catalogues) were 23 per cent ahead of the
previous year, with internet sales accounting for 55 per cent of
sales in the division.

Staples is pursuing its takeover of rival office
supplies business Corporate Express and has now secured $3
billion funding for the acquisition. Lehman Brothers Inc, Bank
of America and HSBC Bank USA arranged the $3 billion financing,
reports Reuters.


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