FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
November 12, 2007
Corporate Express NV
(Translation of Registrant’s Name Into English)
Hoogoorddreef 62
1101 BE Amsterdam ZO
The Netherlands
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F x Form 40-F o
(Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes o No x
(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- )
Enclosure: Press Release dated November 12, 2007
|
|
|
Corporate Express NV
For more information: Media Relations: +31 (0)20 651 10 34
|
|
PRESS RELEASE |
|
Investor Relations: +31 (0)20 651 10 42
www.cexpgroup.com
|
CORPORATE EXPRESS COMPLETES THE SALE OF ASAP SOFTWARE
Amsterdam, 12 November 2007 - Corporate Express announced today that it has completed the sale of ASAP Software to Dell Inc, as published on August 2, 2007. This divestment marks a significant next step in bringing more focus to our business to be a single-source office products and services supplier.
ASAP Software has been sold for USD 340 million. Proceeds of around USD 300 million will be used to pay down debt, which is predominantly denominated in US dollars. The book profit of about EUR 70 million will be included in our fourth quarter results under Other Financial Results.
• • •
About Corporate Express
Corporate Express provides customers with a single source of business products and services, so they can focus their energy and time on their core business. Corporate Express helps organisations to save time and maximize their productivity.
Headquartered in the Netherlands, Corporate Express generated 2006 annual sales of EUR 6.3 billion. The Company has a widespread global distribution network spanning North America, Europe and Australia, has close to 19,000 employees, and operations in 20 countries. Corporate Express is listed on Euronext Amsterdam (Euronext: CXP) and in New York (NYSE: CXP). For more information, please visit: www.cexpgroup.com
|
|
|
|
|
Analysts / investors: Carl Hoyer |
|
Telephone: +31 (0)20 651 10 42 |
|
|
|
carl.hoyer@cexpgroup.com |
|
Press / general inquiries: Anneloes Geldermans |
|
Telephone: +31 (0)20 651 10 34 |
|
|
|
anneloes.geldermans@cexpgroup.com |
Safe Harbour Statement
Statements included in this press release, which are not historical facts are forward-looking statements made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Such forward-looking statements are made based upon management’s expectations and beliefs concerning future events impacting Corporate Express and therefore involve a number of uncertainties and risks, including, but not limited to industry conditions, changes in product supply, pricing and customer demand, competition, risks in integrating new businesses, currency fluctuations, and the other risks described from time to time in the Company’s filings with the US Securities and Exchange Commission, including the Company’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 9, 2007. As a result, the actual results of operations or financial conditions of the Company could differ materially from those expressed or implied in such forward-looking statements. Shareholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update publicly or revise any forward-looking statements.
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
Corporate Express NV |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
By: |
/s/ P. Ventress |
|
|
|
|
Member Executive Board |
|
|
|
|
|
|
|
|
By: |
/s/ H. van der Kooij |
|
|
|
|
Company Secretary |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date: November 12, 2007 |
||
3