ODP Corp Sells Varis Division, Retains Minority Stake
On October 18, 2024, The ODP Corporation (NASDAQ: ODP) completed the sale of its Varis Division to an affiliate of Arising Ventures, while maintaining a 19.9% minority interest post-transaction. As per the terms of the stock purchase agreement, ODP will provide funding of up to $4 million for expenses that Varis might incur between the […]
23 Oct 04:36 · The Markets Daily