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DGAP-News: Steinhoff International Holdings N.V. : UPDATE ON STEINHOFF GLOBAL SETTLEMENT
vom 14.01.2021, 16:15 Uhr
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Steinhoff International Holdings N.V. : UPDATE ON STEINHOFF GLOBAL SETTLEMENT
14.01.2021 / 16:15
UPDATE ON STEINHOFF GLOBAL SETTLEMENT
Steinhoff International Holdings N.V. (
SIHNV ) announces the following update on the implementation of its proposal to resolve the various multi-jurisdictional legacy litigation and claims against SIHNV (together with its subsidiaries,
Steinhoff ) including those against the former South African holding company Steinhoff International Holdings Proprietary Limited (
SIHPL ).
SIHNV first announced its proposed global settlement in July 2020, at which stage it indicated that prior to launch of any implementation proceedings Steinhoff would, amongst other things, need the approval of its financial creditors. ....

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