Steinhoff International Archives - Page 2 of 3 - Inside Retail

Steinhoff requests support from creditors

Steinhoff International is extending the window for creditors to approve and sign up to a “consensual restructuring plan and a lock-up agreement.”

Steinhoff International sells property assets

Consideration for Steinhoff’s operating companies was “nominal”, while the property companies came to approximately $770 million.

Steinhoff seeks debt extension amid creditor standoff

Scandal plagued retailer prepares restructuring package for creditors.

Steinhoff property valuation comes in below expectations

Woes compound for scandal-plagued retail giant.

Steinhoff International’s working capital dries up

Embattled company Steinhoff International has admitted in its quarterly update that its working capital has dried up.

Steinhoff APAC secures funding

Retail giant strikes deal with banks.

Steinhoff appoints ex-KPMG exec as CRO

Investigation into “accounting irregularities” continues as chief restructuring officer appointed.

Steinhoff secures more funding

Immediate liquidity needs “largely addressed” as APAC businesses continue talks with banks.

The week that was

Looking back at what made headlines this week.

Steinhoff board member steps down

More changes for conglomerate as investigations continue.