Steinhoff requires creditors green light for Pepco IPO
Embroiled multinational retailer Steinhoff has announced plans to list its crown jewel, discount retailer Pepco on the Polish exchange.
Embroiled multinational retailer Steinhoff has announced plans to list its crown jewel, discount retailer Pepco on the Polish exchange.
Former Steinhoff CEO Markus Jooste got off lightly in SA but he now faces charges relating to accounting violations, in German courts.
Steinhoff announces the an update on the implementation of its proposal to resolve the various multi-jurisdictional legacy litigation.
Struggling retail holding investment company Steinhoff is looking to dispose of one of its best performing assets in discount retailer Pepco.
The army of advisers that have been working on following the Steinhoff money trail through the forest of irregularities and accountants and other professionals are costing huge sums.
Researchers build reports, some positive to encourage investors to go long, others the complete opposite. Viceroy is a short seller, so it targets overvalued companies.
Markus Jooste is being sued by three South African lenders after a racehorse company he was a director of failed to meet its financial commitments.