Office Depot Acquires Majority Stake In Chinese Supplier
Aggregated Source: ChinaFranchiser.com
September 28, 2006|
Office Depot announced that it has entered into a definitive agreement to acquire a controlling interest in AsiaEC, one of the largest dealers of office products and services in China. Financial terms of the acquisition were not disclosed.
AsiaEC is headquartered in Beijing and has offices in Shanghai, Guangzhou, and Shenzhen. The company has 500 employees [...]
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