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Steinhoff says its Mattress Firm may sell stock in IPO

Bloomberg Steinhoff International Holdings NV said US bedding chain Mattress Firm is considering a public share listing as a means of returning cash to shareholders. The move is one of a number of options being weighed and a final decision hasn’t been made, Steinhoff said in a statement. The South African retailer, which came close to collapse following an accounting ...

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Bain nears $1.2b deal for Berlin Brands

Bloomberg Private equity firm Bain Capital is nearing an agreement to acquire a significant stake in e-commerce company Berlin Brands Group, people with knowledge of the matter said. Bain was expected to announce a deal as soon as Wednesday to buy Ardian’s holding of more than 40% in the business, the people said, asking not to be identified because the ...

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Taliban to unveil government in days after US troops’ exit

Bloomberg The Taliban and other Afghan leaders have reached a “consensus” on the formation of a new government and cabinet under the leadership of the group’s top spiritual leader, an official said. Taliban supreme commander Haibatullah Akhundzada will be the top leader of any governing council, Bilal Karimi, a member of the group’s cultural commission said on Wednesday. Mullah Abdul ...

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