Feature

JOHANNESBURG (Capital Markets in Africa) – Steinhoff International Holdings NV, which sells $89 mattresses to Americans and two-for-a-pound cans of tomato soup to the British, faces a potential fire sale of its global retail holdings as it battles for survival. After a week in which its shares collapsed and its bonds were downgraded to junk amid an accounting scandal that prompted Chief Executive Officer Markus Jooste to quit, the owner of U.S. furniture chain Mattress Firm…