Business Day

Stein­hoff wins

- TAKEOVER Staff Writer Business · Steinhoff International · Mattress Firm

Stein­hoff said on Wed­nes­day it had suc­ceeded with its takeover of­fer for USbased Mat­tress Firm. Shares rep­re­sent­ing a stake of slightly more than 67% were ten­dered by the time the of­fer ex­pired. No­tices of guar­an­teed de­liv­ery for another stake of al­most 4% were de­liv­ered, said Stein­hoff, which paid $64 a share.

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