Steinhoff has applied to the Dutch court for approval of its restructuring plan that would make it binding on all lenders and shareholders.
Steinhoff intends to enter a restructuring process known as the WHOA to prevent being forced into bankruptcy in June and its assets sold in a fire sale...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 TimesLive Premium.
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