We've got news for you.

Register on DispatchLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Steinhoff crashes almost a fifth after court blow to settlement plans

Company violated the Companies Act as it restructured debt to buy time, high court rules

Steinhoff International, which lost about R200bn in market value due to one of South Africa's worst accounting scandals, saw its shares crash almost a fifth on Monday after a Western Cape High Court ruling that threatens its multibillion-rand settlement process...

This article is reserved for DispatchLIVE subscribers.

Get access to ALL DispatchLIVE content from only R45.00 per month.

Already subscribed? Simply sign in below.

Already registered on HeraldLIVE, BusinessLIVE, TimesLIVE or SowetanLIVE? Sign in with the same details.

Questions or problems? Email helpdesk@dispatchlive.co.za or call 0860 52 52 00.