Deal Detail

Mattress Firm Holding Corp. to Steinhoff International Holdings N.V.

EV / LTM EBITDA

EV / LTM Sales

Enterprise Value

Primary Source

Barclays

All Observations

Source-specific multiples and notes for this transaction.

Primary?	Source Type	Fairness Opinion / Source	Advisor	Source Year	Enterprise Value	EV/Sales	EV/EBITDA	EV/Fwd EBITDA	Note	Citation
Primary	fairness opinion	MFRM FO	Barclays	2016	-	-	-	-	Opinion Recipient: Target Board. Advisor range is Barclays' applied EV/LTM EBITDA reference range on LTM EBITDA to 3 May 2016 (implied $34.90-$51.05/sh vs $64.00 consideration). Business Model: Retailer. EV DELIBERATELY NULL — the SC 14D-9 states no enterprise or transaction value; the reported ~$3.8bn is not substantiated by this filing. Only Barclays' DCF ($63.35-$80.90) contains the $64.00 price.	Open