Multinational retailer Steinhoff, whose long-term debt exceeds €9.5bn , says ongoing repayment negotiations are complex as many lenders are involved, and it faces one more legal battle.
In a webinar that was cut short by technical problems on Friday, the company updated the market about its debt pile that exceeds its asset value...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Steinhoff sets aside €100m for lawsuit amid ‘complex debt talks’Group is engaging with the parties to reach a settlement in new action, but it’s early stages, CEO Louis du Preez says I really appreciate allison_grillo effort for turning my little investment of R8000 i got a big smile on my face after withdrawing R80,000 as my profit i just want to make everyone know of allison_grillo and how she has helped me through tough times .
Source: BDliveSA - 🏆 12. / 63 Read more »
Steinhoff sets aside €100m for lawsuit amid ‘complex debt talks’Group is engaging with the parties to reach a settlement in new action, but it’s early stages, CEO Louis du Preez says I really appreciate allison_grillo effort for turning my little investment of R8000 i got a big smile on my face after withdrawing R80,000 as my profit i just want to make everyone know of allison_grillo and how she has helped me through tough times .
Source: BDliveSA - 🏆 12. / 63 Read more »