We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

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...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now