-
Steinhoff to sell Mattress Firm for R74bn as it eyes paying off creditors
10 May 2023 07:46 GMT
… Steinhoff announced that Mattress Firm had elected to withdraw its initial public offering … to prepay financial indebtedness,” Steinhoff said.
Steinhoff is currently trying to get … the markets that its Stichting Steinhoff Recovery Foundation (SRF), an …
-
IPO a No-Go: Volatile Market Leaves Brands Gun Shy
07 Apr 2023 18:49 GMT
… big players in 2023’s initial public offering market.
That’s no … given the paucity of fashion IPOs in 2022. The company … sneaker brand Golden Goose are IPO possibilities. Italian luxury holding … Firm. Its parent firm Steinhoff Group last October said that …
-
Fraud-hit Steinhoff shareholders reject debt-relief plan
23 Mar 2023 12:02 GMT
… .
To pay down debt, Steinhoff has sold shares in many … $1.1 billion through an initial public offering and Polish listing of European … and cut options for further IPOs or asset sales, CEO … proposed reorganisation would have given Steinhoff more time to pay the …
-
Steinhoff still on life support
18 Jan 2023 23:01 GMT
… involved in Pepco’s initial public offering in May 2021, which … .”
Read/listen: ‘Steinhoff is technically insolvent’ (English … financial year.
Selling down
Steinhoff mentions in its announcement … Furniture, part of Steinhoff’s wholly-owned subsidiary …
-
Steinhoff share price jumps
18 Jan 2023 11:00 GMT
… accelerated book build.
Shares in Steinhoff rose as much as 8 … 6.12% at 11:53.
Steinhoff, which now indirectly owns 72 … the maturity of its debt.
Steinhoff has been looking to reduce … week after a much-hyped initial public offering of its U.S.-based …
-
Steinhoff’s US Mattress Firm subsidiary puts its IPO on ice due to market volatility
12 Jan 2023 21:28 GMT
… is 50 percent owned by Steinhoff, said yesterday it had … for an initial public offering due to ongoing volatility in the IPO market.
In … mattress retailer filed for the IPO in January last year, … $100 million.
If the IPO registration had happened, it would …
-
Mattress Firm pauses IPO plans, citing market volatility
12 Jan 2023 03:05 GMT
… initial public offering registration with federal regulators. The company confidentially filed for an IPO … the registration statement. Parent company Steinhoff International Holdings said it … Tempur-Pedic and Purple.
Steinhoff describes Mattress Firm as “the …
-
Steinhoff's Mattress Firm pulls New York listing plans due to market volatility
11 Jan 2023 11:21 GMT
Steinhoff says US-based Mattress Firm has applied for a proposed initial public offering of … market for initial public offerings (IPOs).
Steinhoff holds 50.1% of Mattress … services firm Ernst & Young, IPO proceeds fell 61% in 2022 …
-
Steinhoff’s Mattress Firm cancels planned IPO
11 Jan 2023 10:19 GMT
… the latter withdrew its initial public offering (IPO) application on 9 January … since February 2022.
Steinhoff said Mattress Firm … economic interest in Steinhoff, with shareholders retaining … low
‘Steinhoff is technically insolvent’
Steinhoff plunges over …
-
Mattress Firm Scraps IPO Plans
11 Jan 2023 03:19 GMT
… its initial public offering.
The bedding retailer first filed for the IPO … private in 2016 by Steinhoff International for $3.8 … its reorganization.
In October, Steinhoff said, “while the monitoring … conditions is ongoing, the Steinhoff Group is continuing to …