Office Depot Owner to Go Private for $1B

Office Depot owner to go private for $1B

The ODP Corporation has agreed to be bought by an affiliate of private equity group Atlas Holdings for $28 per share in cash.

Office Depot parent to be acquired by Atlas Holdings

ODP Corporation, which owns office supply retailers Office Depot and OfficeMax, agreed to be taken private by an affiliate of Atlas Holdings for approximately $1 billion, the companies said on Monday.

The ODP Corporation to Be Acquired by Atlas Holdings in All-Cash Transaction

BOCA RATON, Fla. & GREENWICH, Conn.--(BUSINESS WIRE)--Sep 22, 2025-

Atlas Holdings to take Office Depot private in $1bn deal

Private equity firm Atlas Holdings has agreed to acquire ODP Corp, the parent company of Office Depot, in a transaction valued at around $1bn. Under the terms, Atlas will pay $28 per share, a 34% premium to ODP’s closing price last Friday, according to a report by Bloomberg. Shares in the company surged as much as 34% on the news in New York on Monday, trading just below the offer price. The deal comes as Office Depot faces ongoing headwinds fro…

Office Depot owner to go private for $1B – RetailWit

The ODP Corporation has agreed to be bought by an affiliate of private equity group Atlas Holdings for $28 per share in cash.