Steinhoff 'saga' continues with further asset sales

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Steinhoff 'saga' continues with further asset sales

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KNJ877 Steinhoff International Retail company | Alamy Stock Photo

Steinhoff International continued to dispose of assets this week with a R4.8bn (€293m) sale in KAP Industrial Holdings, the South African industrial company, with the company expected to shed more holding to meet its subsidiaries' funding requirements.

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