The plan to resolve more than $8 billion of combined claims was approved by a South African High Court on Monday, the final hurdle the company needed to overcome. The proposal had already been signed off on in the Netherlands, where Steinhoff is registered, while some parties who initially opposed the deal had agreed to settle.
Steinhoff has been battling to survive for ...
Learn more about Bloomberg Tax or Log In to keep reading:
Learn About Bloomberg Tax
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools.