Steinhoff’s $10 billion debt “too high” – chief executive
South African retailer
Steinhoff’s total debt of over 9 billion euros ($10.1
billion) is “too high” and needs to be urgently addressed, new
chief executive Louis du Preez said on Tuesday as the firm
unveiled its restructuring plan.
Steinhoff’s total debt of over 9 billion euros ($10.1
billion) is “too high” and needs to be urgently addressed, new
chief executive Louis du Preez said on Tuesday as the firm
unveiled its restructuring plan.
Posted by Reuters