Steinhoff shares more than double ahead of crucial settlement vote

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa Headlines News

The retailer sweetened its settlement offer to €1.42bn in August, up from the original €943m in July 2020

Steinhoff International has more than doubled in market value over the past month, signalling a degree of market optimism of a potential breakthrough as the furniture retailer heads into a crucial vote on Monday where claimants will decide on its proposed global settlement offer.

The share price jumped 7.56% to R3.70 on the JSE on Friday, stretching its gains for a month to 115% and giving Steinhoff a market value of nearly R16bn, from R7.6bn on August 3...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I entrusted shantelll_142 with my money since I took rush of investing my money with her platform, and since then I've recovered all I lost to scams. Get in touch with shantelll_142 and get a good mentorship and safe trading.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cassper shares 'The Braai Show' teaser ahead of its premiere - fans reactMzansi reacted to Cassper Nyovest's version of 'The Braai Show' as shared in the teaser I did my research properly Dennismayson7 I must confess nobody handles Bitcoin mining better than you. I'm privilege to have invested my BITCOIN with you sir Dennismayson7 I'M GREATFUL. You are indeed one of the best. Thanks a million🤗🤦‍♂️🙏 Please help on spreading this message to the world,we'd like to organize Heritage day Celebrations For,By and With people living with Disabilities in the Rural villages. Hey how you doing? When I made this song , My girl had jus broken up with me. Check it out , Hopefully you can feel my pain. Maybe you can relate to it and it can make you heal from whatever pain you are experiencing.😞
Source: TimesLIVE - 🏆 28. / 59 Read more »

$26 billion opioid settlement ready for next step: US drug firmsThe proposed settlement hopes to end nearly 4,000 lawsuits filed by dozens of US states and local governments. Investing today will save you the stress of financial crisis tomorrow.. Live the kind of life you want today by investing and trading Bitcoin option. Trade with a professional trader and start making good profits today. LisaDonalldT thank you for your professionalism.
Source: ewnupdates - 🏆 30. / 53 Read more »

R. Kelly accuser says she reached $200 000 settlement after herpes diagnosisThe woman, who identified herself as Kate and said she was 27 when she met Kelly, told Assistant US Attorney Elizabeth Geddes she contracted herpes in 2001, and that Kelly was tight-lipped when she accused him. No surprise there Can't they just let this man go Bitcoin is real only when you meet the right account manager to instruct you and guide you Since I met liam_garret21 my life has really turn around because of his skills in investing bitcoin with an original broker now I can afford what I couldn't few months ago
Source: IOL - 🏆 46. / 51 Read more »

'Community sport development is a crucial element,' says Bok legend Victor Matfield'Community sport development is a crucial element,' says Bok legend Victor Matfield Ofentse_Ratsie Ofentse_Ratsie Bitcoin is real only when you meet the right account manager to instruct you and guide you Since I met liam_garret21 my life has really turn around because of his skills in investing bitcoin with an original broker now I can afford what I couldn't few months ago Ofentse_Ratsie I still can't believe that real account manager exist I am so happy trading with shantelll_142 i never took her serious because I taught she was a scam like others ,until my first withdrawal of R60,000 within just one week of trading! I am so grateful 🤗🤗 Ofentse_Ratsie Investing today will save you the stress of financial crisis tomorrow.. Live the kind of life you want today by investing and trading Bitcoin option. Trade with a professional trader and start making good profits today. LisaDonalldT thank you for your professionalism.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Water cuts hit Gauteng’s three metros as ‘demand exceeds supply’Rand Water is crucial to the SA economy and needs to improve the reliability and backup arrangements for critical operational centres I did my research properly Dennismayson7 I must confess nobody handles Bitcoin mining better than you. I'm privilege to have invested my BITCOIN with you sir Dennismayson7 I'M GREATFUL. You are indeed one of the best. Thanks a million🤗🤦‍♂️🙏 Behind every successful person there's always a helper ambrey_marcus is the person behind my success story he helped me earn R400,000. thanks for restoring my hope once again ambrey_marcus I have lost so much through investing cause I was new and didn't meet the right account manager to invest with. I was at the verge of quitting till I was introduced to John and my story changed. its worth a try I can testify on this platform, all thanks to Hendrickspat7
Source: BDliveSA - 🏆 12. / 63 Read more »

Bafana Bafana intend to take the fight to GhanaBafana Bafana intend to take the fight to Ghana when they host the West Africans in a crucial 2022 World Cup qualifier at FNB Stadium on Monday. I did my research properly Dennismayson7 I must confess nobody handles Bitcoin mining better than you. I'm privilege to have invested my BITCOIN with you sir Dennismayson7 I'M GREATFUL. You are indeed one of the best. Thanks a million🤗🤦‍♂️🙏 They will crash out Ghana will eat us alive. Bafana look so weak and hopeless.
Source: TimesLIVE - 🏆 28. / 59 Read more »