We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
COMPANIES: High noon for soon to be delisted Steinhoff as ownership moves to creditors
Singapore News News
Steinhoff has run out of room to manoeuvre. The troubled retailer will be delisted from the JSE and the Frankfurt Stock Exchange, and ownership will move from shareholders to creditors, which are mostly hedge funds.