Steinhoff to acquire Australia’s Fantastic Holdings for $274m
Steinhoff’s Asia Pacific unit will acquire all of Fantastic Holdings’ issued shares, Steinhoff International says
14 October 2016 - 14:01
FURNITURE retailer Steinhoff International plans to buy Fantastic Holdings’ entire stake for A$361m ($274m), the Sydney-based firm said. The companies have reached an agreement under which Steinhoff’s Asia Pacific unit will acquire all of Fantastic Holdings’ issued shares, the Australian firm said in a statement. Reuters
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