Borders buys Paperchase

Book retailer Borders today unveiled a £18.6m (€28m) deal to take control of stationery-to-greeting cards seller Paperchase.

Tue, 13 Jul, 2004 - 17:21

Book retailer Borders today unveiled a £18.6m (€28m) deal to take control of stationery-to-greeting cards seller Paperchase.

US-based Borders, which also sells music and films, increased its holding in the company from 15% to 97% through the agreement with Graphite Capital.

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