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23rd Birthday

LATEST NEWS FOR Steinhoff International Holdings N.V.  

Steinhoff is an integrated retailer that retails, sources and manufactures household goods and general merchandise in the United Kingdom, Europe, Africa and Australasia. Retail operations are positioned towards price conscious (value) consumer segmen... [more info]
Click this company SENS Announcements
Steinhoff: Deloitte now in the crosshairs

Steinhoff: Deloitte now in the crosshairs

26 Jul 2021 /  Ann Crotty   21
Implementation of settlement agreement ‘would prejudice efforts to pursue claims against Deloitte’ – court papers.
Steinhoff increases its settlement offer

Steinhoff increases its settlement offer

19 Jul 2021 /  Ann Crotty   7
From ‘less than nothing to a bit more than nothing’, as one shareholder puts it.
PwC dishes up some transparency about its diversification plans

PwC dishes up some transparency about its diversification plans

15 Jul 2021 /  Ann Crotty   5
But isn't so forthcoming about its own operations.
Corporates obsessed with control …

Corporates obsessed with control …

12 Jul 2021 /  Ann Crotty   1
How will things play out for Prosus, Naspers, Tencent, Zeder and PSG? Plus a word or two on Steinhoff’s ‘guarantee’ and the EOH situation.
Damning Bozalek ruling could upset the whole twisted applecart for Steinhoff

Damning Bozalek ruling could upset the whole twisted applecart for Steinhoff

9 Jul 2021 /  Ann Crotty   14
Failure to pay close to R150bn plus interest to bondholders – or reach a roll-over agreement with them – will trigger liquidation. The payment is due in December.
Steinhoff forced to try again in effort to resolve legal claims

Steinhoff forced to try again in effort to resolve legal claims

8 Jul 2021 /  Janice Kew, Bloomberg   1
After a previous deal recently fell through.
Unions to consider latest offer in public sector wage negotiations

Unions to consider latest offer in public sector wage negotiations

5 Jul 2021 /  Dudu Ramela    9
Unions feel threatened and are not going to budge; temperatures are quite high: Chris Jacobs – director at OIM International.
Hof steek ‘n stokkie voor Steinhoff se skikkingsplan

Hof steek ‘n stokkie voor Steinhoff se skikkingsplan

5 Jul 2021 /  Ryk van Niekerk  
Omri Thomas - portefeuljebestuurder, Abax Investments
Steinhoff’s R15bn settlement deal in jeopardy

Steinhoff’s R15bn settlement deal in jeopardy

5 Jul 2021 /  Ann Crotty   8
Following Friday's high court ruling that a key aspect of the plan is legally void.
Taking stock

Taking stock

28 Jun 2021 /  Ann Crotty   3
A look at Steinhoff’s interims, Tongaat’s debt, Massmart’s kindly parent, Shoprite director’s share pledge outcome, and the non-exec turned consultant at Tiger Brands.
Steinhoff half-year earnings up 7%

Steinhoff half-year earnings up 7%

25 Jun 2021 /  Nqobile Dludla, Reuters   3
On value and furnishings demand.
Share price surge for Steinhoff’s Pepco

Share price surge for Steinhoff’s Pepco

25 Jun 2021 /  Ann Crotty   3
Results confirm its status as one of the biggest profit contributors to the retail group.
Another bizarre episode plays out in Sekunjalo-land

Another bizarre episode plays out in Sekunjalo-land

21 Jun 2021 /  Ann Crotty   8
While Zondo going cap in hand to the high court for more funding allows us to consider the matter of executive remuneration from yet another angle.
Best performing shares since January

Best performing shares since January

15 Jun 2021 /  Adriaan Kruger   6
But you might want to take some of these figures with a big pinch of salt.
Complexity and incomprehensibility

Complexity and incomprehensibility

14 Jun 2021 /  Ann Crotty   4
The type of activity that gives capitalism a bad name – a look at Naspers, Prosus, Sanlam and Steinhoff.

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