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Steinhoff International Holdings NV (SNHJ.J)

SNHJ.J on Johannesburg Stock Exchange

155.00ZAc
23 May 2018
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-13.00 (-7.74%)
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Wed, May 23 2018

Crisis-hit Steinhoff repays $2.3 billion African debt

JOHANNESBURG Scandal-hit South African retailer Steinhoff has repaid about 2 billion euros ($2.34 billion) of its debt in Africa after its local unit used the proceeds of a fundraising to pay back 16 billion rand ($1.26 billion) in shareholder loans.

Crisis-hit Steinhoff repays $2.3 billion African debt

JOHANNESBURG Scandal-hit South African retailer Steinhoff has repaid about 2 billion euros ($2.34 billion) of its debt in Africa after its local unit used the proceeds of a fundraising to pay back 16 billion rand ($1.26 billion) in shareholder loans.

UPDATE 1-Crisis-hit Steinhoff repays $2.3 billion African debt

JOHANNESBURG, May 23 Scandal-hit South African retailer Steinhoff has repaid about 2 billion euros ($2.34 billion) of its debt in Africa after its local unit used the proceeds of a fundraising to pay back 16 billion rand ($1.26 billion) in shareholder loans.

Crisis-hit Steinhoff repays $2.3 billion African debt

JOHANNESBURG, May 23 Scandal-hit South African retailer Steinhoff has repaid its debt in Africa after its local unit used the proceeds of a fundraising to pay back 16 billion rand ($1.26 billion) in shareholder loans.

Steinhoff flags first-half loss as restructuring wipes out sales gain

FRANKFURT South African retailer Steinhoff , which has been embroiled in an accounting scandal, expects to report a first-half net loss as costs related to restructuring, losses on asset sales and litigation offset a rise in revenues.

Steinhoff flags first half loss as restructuring wipes out sales gain

FRANKFURT South African retailer Steinhoff , which has been embroiled in an accounting scandal, expects to report a first-half net loss as costs related to restructuring, losses on asset sales and litigation offset a rise in revenues.

UPDATE 1-Steinhoff flags H1 loss as restructuring wipes out sales gain

FRANKFURT, May 18 South African retailer Steinhoff, which has been embroiled in an accounting scandal, expects to report a first-half net loss as costs related to restructuring, losses on asset sales and litigation offset a rise in revenues.

Steinhoff posts H1 loss as restructuring wipes out sales gain

FRANKFURT, May 18 South African retailer Steinhoff, which has been embroiled in an accounting scandal, said its first-half retail revenues rose 1 percent but it still posted a net loss due among others to restructuring costs and losses on asset disposals.

Steinhoff could face more impairments, shares dive

JOHANNESBURG South African retailer Steinhoff said on Thursday that an investigation by auditors PwC had found that overstatement of its profits may result in additional material impairments, sending its shares down more than 16 percent.

UPDATE 2-Steinhoff could face more impairments, shares dive

* PwC feedback confirms irregularities identified by Deloitte

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