Steinhoff International Holdings NV (SNHJ.J)
15 Feb 2019
Tue, Jan 22 2019
JOHANNESBURG South African retailer International Holdings N.V. said on Tuesday a former partner firm of its European operations claims it is owed about 291 million euros (£256.62 million or $331 million) by the company.
JOHANNESBURG, Jan 22 South African retailer International Holdings N.V. said on Tuesday a former partner firm of its European operations claims it is owed about 291 million euros ($331 million) by the company.
JOHANNESBURG A probe into accounting irregularities at Steinhoff International and the release of the retailer's restated results have been delayed, it said on Thursday, sending its shares down as much as 21 percent.
* Steinhoff delays publication of 2017, 2018 financial statements
JOHANNESBURG, Dec 6 Steinhoff International Holdings, now expects to publish its group audited financial statements for 2017 and 2018 by mid-April 2019, as a forensic investigation by auditors PricewaterhouseCoopers (PwC) has been delayed, the retailer said on Thursday.
JOHANNESBURG Steinhoff's Mattress Firm Inc, the largest U.S. mattress retailer, has filed for voluntary bankruptcy protection, giving it breathing room to restructure and shore up its finances as its South African parent company fights for survival.
* Plan to strengthen its balance sheet (Adds acting CEO, analyst comment, shares)