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LATEST NEWS FOR Steinhoff International Holdings N.V.  

Steinhoff N.V. is primarily a global holding company with current investments in retail businesses in Africa, Australasia, Europe, the United Kingdom and the United States of America. Each of these operations procures product direct from a wide range... [more info]

German criminal charges over Steinhoff allowed to go to trial

18 Oct 2021 /  Karin Matussek, Bloomberg   12
Meanwhile, cases of two other executives living abroad should be handled separately: tribunal.

PIC’s externalised assets grew 31% in the year to March

4 Oct 2021 /  Justin Brown, Citywire   2
Plans to continue building its capability to invest in global equity markets.

White collar crime is a serious challenge for the country

27 Sep 2021 /  Ann Crotty   3
But does Steinhoff’s desire to have a hearing on the liquidation application against it warrant the apex court’s urgent involvement? Plus a look at the R1m fine levied against JCI.

Steinhoff-owned Mattress Firm files confidentially for US IPO

20 Sep 2021 /  Sohini Podder, Reuters  
Steinhoff had said it was evaluating options for the business.

Steinhoff kicks off settlement proceedings

15 Sep 2021 /  Adriaan Kruger   16
Sells R7.3 billion in Pepkor shares, which saw the latter's share price drop 10%.

Will the FSCA’s R50m fine on Viceroy have a chilling effect on research?

14 Sep 2021 /  Ciaran Ryan   14
Yes, says Viceroy – and that makes it less likely that the next Steinhoff will be picked up ahead of time.

Steinhoff liquidation proceedings to continue

13 Sep 2021 /  Fifi Peters   4
‘Essentially what we are battling here is...distribution of the proceeds of fraud’: Former Tekkie Town CEO Bernard Mostert.

Steinhoff inches closer to settling lawsuits after gaining more support

10 Sep 2021 /  Nqobile Dludla, Reuters   2
The retailer faces 90 separate legal claims in Germany, South Africa and the Netherlands from those shareholders and claimants.

Christo Wiese on the Steinhoff settlement proposal

10 Sep 2021 /  Ryk van Niekerk   18
'A settlement has one characteristic: it leaves all parties somewhat dissatisfied.'

Christo Wiese gesels oor die Steinhoff-skikkingsvoorstel

9 Sep 2021 /  Ryk van Niekerk  
Christo Wiese - voormalige voorsitter van Steinhoff

Liquidation proceedings against Steinhoff can proceed

6 Sep 2021 /  Ryk van Niekerk   22
Court dismisses intervention application; states SA courts have jurisdiction.

Wiese backs legal settlement as Steinhoff claimants vote

UPDATE
6 Sep 2021 /  Janice Kew, Bloomberg    4
The settlement is a step in the right direction.

Steinhoff says Mattress Firm may sell stock in IPO

1 Sep 2021 /  John Bowker, Bloomberg  
The company owns a 50.1% stake in the US unit.

Steinhoff hoping to end (some) legal battles

16 Aug 2021 /  Adriaan Kruger   5
Still a lot of court appearances ahead, with new cases on the horizon.

Pepkor: 500-plus stores looted and damaged, but most will reopen in September

5 Aug 2021 /  Moneyweb   7
Around 10% of its store footprint has been impacted by the unrest.

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