Steinhoff has been battling to stay afloat, more than five years since auditors refused to sign off on its accounts. This prompted Jooste to resign and caused a dramatic share-price collapse as well as criminal and regulatory investigations in both Europe and South Africa.
The judicial authorities in Oldenburg could now seek his extradition from South Africa or ask Interpol for help in the case. In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month.
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Steinhoff shareholders vote to dissolve company, delist from the JSE | BusinessIn exchange for delisting and handing over economic control to its creditors, the struggling retailer has been granted a three-year debt repayment holiday.
Fonte: News24 - 🏆 4. / 80 Leggi di più »
Steinhoff shareholders vote to dissolve and delist companyVote in Amsterdam was a largely expected formality that results in Steinhoff delisting from Joburg and Frankfurt exchanges
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »
An array of empty chairs: Steinhoff votes to dissolve itself | BusinessSteinhoff's shareholders have voted to dissolve the JSE-listed retailer, bringing an end to what was once one of SA's largest companies. | JanTamb News24_Business
Fonte: News24 - 🏆 4. / 80 Leggi di più »