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Steinhoff International makes long-awaited acquisition

After months of actively shopping for further retail opportunities in Australia, South African retail giant, Steinhoff International, has made its move by acquiring furniture retailer, Fantastic Holdings. Steinhoff International has expanded its footprint in the Australian furniture market with the acquisition of Fantastic Furniture in a $361 million deal. The South African-based retailer with deep pockets and an insatiable appetite for growth, has been actively shopping for further retail oppor