The Firm is representing Office Depot, Inc. (NASDAQ: ODP) in the announced sale of its European business to the Aurelius Group. Annual revenue for the European business is approximately €2 billion. The transaction is subject to regulatory approval from the European Commission and consultation with the central works council representing employees in France. The transaction is expected to close by the end of 2016.~~Office Depot, Inc. is a leading global provider of products, services and solutions for the workplace.~~The Simpson Thacher team working on the transaction includes Derek Baird, Neil Evans, Ben Squires and Hamesh Khatkar (M&A); Andrew Edelen (M&A – New York); David Vann Jr. and Tara Kelly (Competition – M&A); and Linda Nyberg (IP). Stibbe is advising on Dutch law matters and Bredin Prat is advising on French law matters.