Steinhoff valuation – The good, the bad and the ugly – analysis
Nearly four later and the bean counters at Steinhoff can once again sleep easy as the 2021 annual report obtained a clean audit opinion.
Pepco
Steinhoff-owned Mattress Firm files for US IPO
Embroiled retailer Steinhoff has announced that its US subsidiary, of which it owns a 50.1% stake, has filed for an initial public offering.
Steinhoff pulls back as Pepco’s Andy Bond steps down
Andy Bond, the man in charge of Steinhoff’s crown jewel Pepco, has decided to step down based on health grounds.
Steinhoff debt pile can lead to an Ascendis end – Syd Vianello
Vianello outlines that although Steinhoff’s underlying business have value, there is a shortfall when subtracting the company’s net debt.
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.
Steinhoff set to exit crown jewel Pepco to free up cash
Struggling retail holding investment company Steinhoff is looking to dispose of one of its best performing assets in discount retailer Pepco.
Ramaphosa nod for PIC funds for Eskom; Who owes Eskom the most?; Deeper job cuts at SAA; Tesla mania cools; Pepco
President Ramaphosa is “favourably disposed” to a proposal by Cosatu to use funds from the PIC to reduce Eskom’s debt, says his spokesperson.
Judge wants proof of Zuma illness: Arrest warrant; Steinhoff skyrockets; Edcon sells CNA
A judge is set to have former president Jacob Zuma arrested for failing to show up in court on grounds of illness; his lawyer will have to prove he is really sick.
Steinhoff mulls 25% sale of Pepco in IPO next year
Steinhoff International is considering the sale of about a quarter of Pepco Group through an initial public offering that could value the European retailer at more than €4bn.