A look at the large law firms behind the week's most notable deals, such as the mattress maker behind Sleepy's on its sale to a South African firm; two Elon Musk-backed companies combining forces; and Uber's China exit.
August 08, 2016 at 11:12 PM
1 minute read
Ropes & Gray and Linklaters have landed roles on the $2.4 billion sale of Mattress Firm Holdings Corp.—owner of Sleepy’s—to South Africa’s Steinhoff International Holdings NV.
The deal, announced Sunday, creates the world’s largest bedding giant and helps the Johannesburg-based acquirer move into the U.S. market. When including debt, Steinhoff’s purchase of Houston-based Mattress Firm is worth $3.8 billion.
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