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Published
Mar 20, 2018
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Steinhoff says considering all options to help cut debt

By
Reuters API
Published
Mar 20, 2018

Crisis-hit South African retailer Steinhoff said on Tuesday it is considering "all of its options" in order to support its liquidity after a report on Monday that the retailer could sell a stake in its African unit.


Photo: Pep&Co

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The sale of shares in Steinhoff Africa Retail , in which Steinhoff owns a 77 percent stake, would come through an accelerated bookbuild, Bloomberg said, quoting unnamed sources familiar with the matter.

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