Steinhoff shareholders reject restructuring
The company owes €10.2bn and will be unable to pay it when it becomes due at the end of June
29 May 2023 - 11:13
Almost 90% of Steinhoff shareholders have rejected the restructuring deal that aimed to prevent bankruptcy, with the retail holding company now on track to default on its debt in June.
Steinhoff owes €10.2bn and will be unable to pay it when it becomes due at the end of June. ..
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