Steinhoff International $3.8 billion acquisition of Mattress Firm

Overview:

• South Africa-based Steinhoff International has acquired US-based Mattress Firm in a $3.8 billion deal.
• The acquisition has formed the largest mattress retail company in the world.
• The deal comes less than a month after Steinhoff's $800 million acquisition of UK-based retailer Poundland.
• Linklaters (Scott Sonnenblick, Peter Cohen-Millstein, Danielle Le Cren, Toby Grimstone) advised Steinhoff.
• Ropes & Gray (Christopher Comeau, Patrick O'Brien, Matthew Cox) advised Mattress Firm.

Kurt Stumpo - Journalist - North America and the Caribbean