Steinhoff International Says Mattress Firm Has Paused IPO Process Amid Volatility
marketwatch
Jan 11, 2023
By Kyle Morris
Steinhoff International Holdings NV said Wednesday that Mattress Firm has put its IPO process on hold owing to the continuing volatility in the market.
Steinhoff said that Mattress Firm--an associate investment of Steinhoff--withdrew its Form S-1 registration statement on Monday.
Mattress Firm continues to explore options and paths forward, including resuming the IPO once the markets are favorable, Steinhoff said.
Mattress Firm is a speciality retailer in the U.S, with more than 2,300 retail stores.
Write to Kyle Morris at kyle.morris@dowjones.com
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