Frankfurt - Furniture and household goods maker Steinhoff plans a stock market listing for its European unit this year, German weekly magazine WirtschaftsWoche reported on Saturday, citing financial sources.
It said Steinhoff was considering an initial public offering in Frankfurt in the European autumn, with proceeds from the listing to be used to pay down debts and fund expansion.
A Steinhoff spokesperson could not be immediately reached for comment.
The company is one of the biggest home furnishing players in Europe, where it owns several retailers including France's Conforama and Britain's Harveys.
It said Steinhoff was considering an initial public offering in Frankfurt in the European autumn, with proceeds from the listing to be used to pay down debts and fund expansion.
A Steinhoff spokesperson could not be immediately reached for comment.
The company is one of the biggest home furnishing players in Europe, where it owns several retailers including France's Conforama and Britain's Harveys.