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Steinhoff International Holdings NV (SNHJ.J)

SNHJ.J on Johannesburg Stock Exchange

754.00ZAc
19 Jan 2018
Change (% chg)

63.00 (+9.12%)
Prev Close
691.00
Open
700.00
Day's High
807.00
Day's Low
698.00
Volume
12,620,111
Avg. Vol
25,035,721
52-wk High
7,401.00
52-wk Low
375.00

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Thu, Jan 18 2018

UPDATE 2-Steinhoff secures 60 mln euros lifeline for European operations

* To ask creditors to waive some payments coming due (Adds next meeting with creditors, details on lenders)

Steinhoff secures 60 mln euros of required 200 mln liquidity

FRANKFURT, Jan 18 South African furniture retailer Steinhoff has secured 60 million euros ($73 million) of the 200 million it is seeking to close a liquidity gap and will ask its creditors to waive some payments that are coming due, it said on Thursday.

BRIEF-Steinhoff: Process And Liquidity Update

* DGAP-NEWS: STEINHOFF INTERNATIONAL HOLDINGS N.V. : PROCESS AND LIQUIDITY UPDATE AND WAIVER PROPOSALS TO CERTAIN FINANCIAL CREDITORS

UPDATE 1-Steinhoff board member resigns to focus on firm's Africa unit

JOHANNESBURG, Jan 18 Steinhoff International Holdings NV said on Thursday that Jayendra Naidoo resigned as a member of its supervisory board to focus his efforts on the board of its unit, Steinhoff Africa Retail Ltd (STAR), which he chairs.

BRIEF-S.Africa's PSA Prepares To Lodge High Court Urgent Application Against Steinhoff

* PSA PREPARING TO LODGE HIGH COURT URGENT APPLICATION AGAINST STEINHOFF INTERNATIONAL HOLDINGS ‍​ Further company coverage:

Steinhoff says Jayendra Naidoo resigned from supervisory board

Jan 18 Steinhoff International Holdings NV said on Thursday Jayendra Naidoo resigned as a member of its supervisory board to focus his efforts on the board of its unit, Steinhoff Africa Retail Ltd, where he is the chairman.

BRIEF-Steinhoff International Says Jayendra Naidoo Resigns As Member Of Supervisory Board

* ‍JAYENDRA NAIDOO HAS TENDERED HIS RESIGNATION WITH IMMEDIATE EFFECT AS A MEMBER OF SUPERVISORY BOARD OF COMPANY​

UPDATE 1-Steinhoff races to plug short-term funding gap -sources

* Talks for financing could finish within a week - sources (Adds further details from sources)

UPDATE 1-South Africa's rand gains on Zuma exit rumours; stocks flat

* Stocks flat as Steinhoff extends losses (Adds latest prices, analyst quotes)

ECB sells Steinhoff bond at loss after scandal

FRANKFURT The European Central Bank sold its bonds of scandal-hit South African retailer Steinhoff last week, data showed on Monday, potentially losing more than half the amount it had invested.

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