Steinhoff to list African retail unit on the JSE

Prabashinee Moodley

Steinhoff said it is evaluating and initiating steps to establish separate listing of its African retail businesses on main board of JSE Ltd

The company said it will consolidate its African retail businesses under a single holding company. Steinhoff said the listing will include a capital raise to achieve required public shareholder spread, with Steinhoff retaining control in Listco.

Corporate information
STEINHOFF is an integrated retailer that manufactures, sources and retails furniture, household goods and general merchandise in Europe, Australasia, the United States and Africa.

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