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What happened to Steinhoff International Holdings NV?
What happened to Steinhoff International?
What is the 'Dutch scheme' in Steinhoff International Holdings (Steinhoff)?
Did Steinhoff restructure in South Africa?
Steinhoff International was a multinational holding company that was dual listed in Germany and South Africa. It was officially liquidated on 13 October 2023. Its holdings were in the retail sector, primarily in furniture and household goods, and included a 43,8% stake in South Africa's Pepkor group. The company operated in Europe, Africa, Asia ...
On 21 June 2023, the District Court of Amsterdam (the WHOA Court) granted its judgment in one of the largest public proceedings under the WHOA (also known as the ‘Dutch Scheme’) in the restructuring of Steinhoff International Holdings N.V. (Steinhoff), a multinational company active in the sale of housekeeping goods and other related goods.
Feb 15, 2018 · An accounting scandal at Steinhoff International has left many of the exposed investors and lenders pondering a simple question: is the share price going to zero? For such a retail conglomerate...
Jun 28, 2018 · CNBC Africa. Share. — INTRODUCTION — BUSINESS PERSPECTIVES ON. THE STEINHOFF SAGA. The Steinhoff saga, possibly the biggest case of corporate fraud in South African business history, has...
Jul 26, 2023 · Steinhoff International Holdings NV shareholders on Wednesday had little choice but to vote to dissolve the shell of the scandal-hit global retailer, drawing a line under a 5-1/2 year saga that...
The once mighty Steinhoff International looks like it has finally run out of rope to turn around its fortunes as it faces a credit default and possible liquidation after its shareholders voted...
Steinhoff International Holdings N.V. ( Steinhoff NV) entered into a Dutch suspension of payments to restructure its debt. In essence, it restructured €14 billion in debt from approximately 66,000 creditors, including mass litigation claimants.
