JOHANNESBURG/ FRANKFURT (Reuters) - South Africa's Steinhoff is considering selling stakes worth a combined $1.4 billion (£1.1 billion) in local companies PSG Group and KAP Industrial to help plug a ...

Steinhoff International Holdings NV (SNH.JO) said Monday it raised 1 billion euros ($1.18 billion) through the sale of 23.19% of its interest in Steinhoff Africa Retail Ltd. (SRR.JO), which floated on ...

South Africa’s furniture sector has received a significant boost as leading retailer Coricraft expands local production of upholstered seating at its Epping facility in Cape Town, reducing reliance on ...

South African furniture retailer Steinhoff International said on Friday Britain’s Poundland’s board had rejected a proposal about a possible cash offer. Steinhoff bought a 23 percent stake in ...

CAPE TOWN, South Africa, Aug. 8 (UPI) --South Africa's Steinhoff International Holdings NV will purchase Houston-based Mattress Firm Holding Corp. for $2.4 billion, its first entry into the U.S.

Retail giant Steinhoff International Holdings NV, which owns American mattress brand Sleepy's and a string of chains across Europe, said its chief executive has resigned amid an investigation into ...

South African furniture retailer Steinhoff International Holdings NV has agreed to buy Mattress Firm Holding Corp. for about $2.4 billion in cash, a deal that would mark its entry into the U.S. market ...

In South Africa, craft may be ancient, but design is young. With the launch in 2017 of the world-class Zeitz Museum of Contemporary Art Africa designed by British architect Thomas Heatherwick in Cape ...

JOHANNESBURG (Reuters) - South African furniture retailer Lewis Group will pay 67.1 million rand ($4.91 million) to customers it had mistakenly sold loan insurance, the company said on Tuesday. South ...

JOHANNESBURG—Steinhoff International Holdings NV, Africa’s retailing giant but little-known outside the continent, has made its first foray into the U.S., agreeing to pay $2.4 billion for Sleepy’s ...