Behind Steinhoff’s settlement offer looms the threat of liquidation – News24

Stellenbosch-headquartered furniture and household goods conglomerate it is hammering home to claimants that they would lose out if no agreement is reached and it is liquidated.

  • Steinhoff is facing facing over 90 legal claims in South Africa, Germany and the Netherlands amounting to well over R100 billion stemming from the plunge in its share price.
  • The furni…

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