Tag: Conforama

Steinhoff share price plunges as PwC forensic report, audited results delayed

Steinhoff, which has more than 40 retail brands that include France’s Conforama and British chain Poundland, is trying to emerge from a crisis after admitting “accounting irregularities” in December, wiping about 85 percent off its market value and triggering a liquidity crisis.

Africa’s largest retailer Shoprite’s share price knocked on Christo Wiese’s derivative transaction

Christo Wiese’s company Titan sold 17 million shares, or a 2.9 percent stake.

Steinhoff begins fire sale

Shares in Carrefour rose on Friday after Europe’s largest supermarket retailer agreed to buy 17 percent of online fashion retailer Showroomprive.com.

Steinhoff shares rebound as CFO moves to new position

Steinhoff, which has debts of around 10.7 billion euros, plans to hire a debt restructuring expert in the role of chief restructuring officer.