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Atlas Holdings to acquire ODP Corporation in $1bn deal
Yahoo Finance·2025-09-23 14:09

The ODP Corporation, the owner of office supply retailers Office Depot and OfficeMax, has signed a definitive agreement to be purchased by an affiliate of Atlas Holdings. The agreement sets the purchase price at 28pershareincash.Thisrepresentsa3428 per share in cash. This represents a 34% premium compared with ODP’s closing share price on 19 September 2025, valuing the business at around 1bn. Once the acquisition is completed, ODP will become a privately held company. Its common stock will subsequently be removed from listing on th ...