UK markets closed
  • NIKKEI 225

    27,346.88
    +19.77 (+0.07%)
     
  • HANG SENG

    22,072.18
    +229.85 (+1.05%)
     
  • CRUDE OIL

    76.91
    -1.96 (-2.49%)
     
  • GOLD FUTURES

    1,957.60
    +12.30 (+0.63%)
     
  • DOW

    34,080.46
    -5.58 (-0.02%)
     
  • BTC-GBP

    18,904.66
    +128.82 (+0.69%)
     
  • CMC Crypto 200

    531.31
    +288.63 (+118.93%)
     
  • ^IXIC

    11,795.52
    +210.97 (+1.82%)
     
  • ^FTAS

    4,252.85
    -2.87 (-0.07%)
     

Steinhoff International Holdings N.V. : Mattress Firm Update

EQS-News: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous
Steinhoff International Holdings N.V. : Mattress Firm Update
11.01.2023 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

MATTRESS FIRM: Update

Steinhoff International Holdings N.V. (“Steinhoff” and with its subsidiaries, the “Steinhoff Group”).

Mattress Firm, an associate investment of Steinhoff,  is the largest omni-channel mattress speciality retailer in the United States, with more than 2 300 retail stores nationwide, giving it the largest national, coast-to-coast retail footprint of any mattress speciality retailer in the United States.

In light of the ongoing volatility in the IPO market and following careful consideration with external advisors, Mattress Firm elected to withdraw its registration statement on Form S-1 on January 9, 2023.  The Form S-1 was confidentially submitted with the U.S. Securities and Exchange Commission in September 2021 and publicly filed in January 2022.  Mattress Firm had not updated its financial information in the Form S-1 since February 2022.  As previously noted, Mattress Firm continues to actively explore all options and paths forward, including resuming the IPO process once the markets are favourable.

Steinhoff has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.

Stellenbosch, 11 January 2023

 

 


11.01.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language:

English

Company:

Steinhoff International Holdings N.V.

cnr Adam Tas and Devon Valley Road

7600 Stellenbosch

South Africa

Phone:

+27218080700

Fax:

+27218080800

E-mail:

investors@steinhoffinternational.com

Internet:

www.steinhoffinternational.com

ISIN:

NL0011375019

WKN:

A14XB9

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1532117


 

End of News

EQS News Service

show this
show this