August 13, 2019 / 1:34 PM / 4 months ago

Steinhoff weighs options for Pepkor Europe -CEO

CAPE TOWN, Aug 13 (Reuters) - Troubled retail group Steinhoff is considering all options over the future of its Pepkor Europe operation, including a potential initial public offering, CEO Louis du Preez said on Tuesday.

“We are looking at all options and there is definitely no decision made either way,” du Preez said when asked about reports it was considering floating the business, which owns Britain’s Poundland and retail chains Dealz and Pepco. (Reporting by Wendell Roelf Writing by Emma Rumney Editing by David Goodman)

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