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Louis du Preez on why he believes Steinhoff has a future

PUBLISHED: Tue, 13 Aug 2019 15:26:20 GMT

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Global retailer Steinhoff saw its share price soar after its Chief Executive Officer, Louis du Preez presented its restructuring plan. He warned that total debt of over 9 billion euros is “too high” and needs to be urgently addressed. He joins CNBC Africa for more.


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