BERLIN--German furniture retailer Steinhoff International Holdings NV (SNH.JO) said Wednesday it had succeeded with its takeover offer for Mattress Firm Holding Corp. (MFRM).

Shares representing a stake of slightly more than 67% in the U.S. company were tendered in the offer. In addition, notices of guaranteed delivery for an additional almost 4% stake were delivered, said Steinhoff, which paid $64 a share.

 

Write to Friedrich Geiger at freidrich.geiger@wsj.com

 

(END) Dow Jones Newswires

September 14, 2016 03:19 ET (07:19 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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