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South Africa's retail giant, Steinhoff International Holdings, enters the US market by acquiring Mattress Firm Holding Corp, the owner of Sleepy's, for $2.4 billion. This expansion marks Steinhoff's entry into the North American market, building on its successful presence in Europe and Australasia. The acquisition reinforces Steinhoff's position as a significant player in the global retail industry and highlights its ambitious growth strategy.
Saturday, 6 August, 2016