Steinhoff International has more than doubled in market value over the past month, signalling a degree of market optimism of a potential breakthrough as the furniture retailer heads into a crucial vote on Monday where claimants will decide on its proposed global settlement offer. 

The share price jumped 7.56% to R3.70 on the JSE on Friday, stretching its gains for a month to 115% and giving Steinhoff a market value of nearly R16bn, from R7.6bn on August 3...

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