Steinhoff moves two key units to UK after board shake-up | Fin24
 
Loading...

Steinhoff moves two key units to UK after board shake-up

Aug 03 2018 13:28
Janice Kew, Bloomberg
Steinhoff International Holdings NV has moved the headquarters of two key units from Austria to the UK after board changes following an agreement with creditors related to the restructuring of the troubled retailer’s debt.

Steinhoff Europe and Finance Holdings will both move to the same head office as the retailer’s UK unit, the Stellenbosch, South Africa-based company said in a statement.

The supervisory board members for the European division are now Louis du Preez, Richard Heis and Philip Dieperink, while the management board includes Theodore de Klerk and David Frauman. Du Preez and Frauman also make up the Finance Holding board.

SUBSCRIBE FOR FREE UPDATE: Get Fin24's top morning business news and opinions in your inbox.

steinhoff  |  retail
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Voting Booth

How concerned are you about ransomware attacks?

Previous results · Suggest a vote

Loading...