Steinhoff Europe IPO only in 12 to 18 months

A separate flotation of the European division of the Steinhoff concern, Johannesburg (South Africa), could generate emission income of roughly €1.5bn. This was reported by Steinhoff CEO Markus Johannes Jooste on 20 February 2012 in an interview with the Bloomberg press agency. Steinhoff reports that the income could ...

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