Steinhoff springs a surprise with $3.8 billion Mattress Firm deal

JOHANNESBURG (Reuters) - Steinhoff's $3.8 billion purchase of debt-laden Mattress Firm, the largest U.S. specialty bedding vendor, will help cut its exposure to a weak home market and gain a big presence in the world's biggest retail market.

Steinhoff springs a surprise with $3.8 billion Mattress Firm deal
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