German financial regulator fines Steinhoff €11m over late report
The document was due around the time that fraud at the company came to light in 2017, when auditors would not sign off on its accounts
13 July 2022 - 18:08
While Steinhoff continues to try to stabilise its business after a groundbreaking settlement with investors, it has now been fined €11.2m (R190m) by the German financial regulatory authority for the late publication of its 2016/2017 annual report.
The multinational retailer has a primary listing on the Frankfurt Stock Exchange and a secondary one on the JSE...
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