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Daily Archives: August 6, 2018

Two Steinhoff units at the heart of its accounting scandal relocate to Britain – Business Day

RestructuringBy Insolvency GuardianAugust 6, 2018

Steinhoff International Holdings relocated two units at the heart of its accounting scandal to the UK as the retailer embarks on a new phase of recovery after reorganising debt. Steinhoff Europe and Steinhoff Finance Holdings will move from Austria to Cheltenham, England where the companys UK business is based. The supervisory boards of both units…

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