‘Ultimately | restoration

‘Ultimately, we want the restoration of our business from Steinhoff’ – Tekkie Town’s Bernard Mostert

On Friday, the Western Cape High Court declared that a key aspect of Steinhoff’s settlement plan was legally void. Following the judgment – which threatens Steinhoff’s €900m (R15.2bn) plan to settle the roughly €10bn (R169bn) of claims it is facing in various jurisdictions across the globe – Steinhoff issued a SENS announcement today saying the…