Steinhoff Africa Retail confirms summons from Tekkie Town founders

2018-06-04 17:45

STAR has again said that it is still of the view that it is 'not a party to any such earn out agreement'.

Steinhoff now 98% down on all-time high

2018-05-30 13:29

After extending its slide from the previous session's 10% drop, shares in global furniture and retail conglomerate Steinhoff International reached a new low in early trade.

Steinhoff Africa Retail defends performance as headline earnings halve

2018-05-29 11:54

The retailer, which listed on the JSE in mid-September 2017 and incorporates Steinhoff's Africa-focused retail firms, says the comparability of its statutory results was 'limited' by changes and restructuring.

STAR raises R18bn to repay Steinhoff International

2018-05-23 13:48

Steinhoff Africa Retail has successfully raised R18bn from financial institutions to repay its shareholder funding provided by Steinhoff International Holdings.

Steinhoff raises R3.75bn in STAR share sale

2018-04-12 10:18

The embattled retail conglomerate launched an accelerated book build sell 200 million of its shares in Steinhoff Africa Retail to help refinance debt.

Steinhoff said to consider selling stake in STAR

2018-03-20 06:01

Steinhoff International Holdings is considering the sale of part of a R58bn stake in its separately listed African operations as the crisis-hit retailer looks to shore up liquidity, sources say.

Steinhoff seeks bond waivers, confirms summons

2018-02-06 14:33

The global retail conglomerate its seeking waivers from the holders of R40.2bn of its bonds over its delayed 2017 financial statements.

Vusi Khanyile resigns from Steinhoff Africa Retail board

2018-01-11 19:29

Vusi Khanyile, founder of Thebe Investment Corporation, has resigned as an independent non-executive director of Steinhoff Africa Retail's board.

Strong trade in Steinhoff's STAR on JSE debut

2017-09-20 13:20

Shares of Steinhoff Africa Retail - known as STAR - have traded strongly on the first day of its listing on the JSE and an analyst takes a closer look.


Steinhoff Africa Retail is said to fail to attract Remgro interest

2018-06-04 16:31

STAR may have to eliminate billionaire Johann Rupert’s Remgro from a list of potential new investors as it seeks to distance the retailer from its scandal-hit parent.

Pepkor's back, as Steinhoff Africa Retail announces name change in wake of scandal

2018-05-29 14:37

JSE-listed retailer STAR, which has Steinhoff International as majority shareholder, will be changing its name back to Pepkor Holdings in the wake of the Steinhoff debacle.

Steinhoff Africa Retail parts ways with auditor Deloitte.

2018-05-23 17:07

STAR says PricewaterhouseCoopers has been appointed as its external auditor.

Johan van Zyl steps down from Steinhoff board ahead of AGM

2018-04-18 15:24

Johan van Zyl, a member of Steinhoff’s supervisory board, has stepped down just days before the global retail group’s annual general meeting.

Steinhoff wants to pay board members up to R2.9m for handling fallout

2018-03-23 09:51

The payments will be voted on at its annual general meeting, which is set to take place in April in the Netherlands, where the conglomerate is registered.

Steinhoff Africa Retail turns back on parent company

2018-03-15 18:46

Steinhoff Africa Retail is considering a name change and over-seeing a hunt for new non-executive directors that have no connection whatsoever with its tarnished parent company.

Ben la Grange quits Steinhoff Africa Retail

2018-01-25 11:25

Former Steinhoff CFO Ben la Grange has now resigned as non-executive director of Steinhoff Africa Retail.

Steinhoff raises R16bn through STAR listing

2017-10-02 16:26

Steinhoff International has raised R16bn by listing and placing 23.19% of its interests in Steinhoff African Retail Limited on the JSE,according to a notice to shareholders.

Steinhoff Africa may raise up to $1.4 billion in JSE listing

2017-09-05 21:00

Steinhoff Africa is seeking to raise as much as $1.4bn (R18.4bn) in a sale of stock this month, the largest by a South African company in almost two years.

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