Steinhoff sê hy het Maandag ’n finale skikking van €202,12 miljoen (R3,9 miljard) met die firma LWS,  ’n voormalige sakevennoot van Markus Jooste, bereik.

In ’n opdatering aan aandeelhouers Dinsdag het die groep gesê die skikking met LSW sal alle uitstaande litigasie tussen die partye beëindig.

Steinhoff se aandeelprys het Dinsdag ná die skikkingsaankondiging volgens sharedata met bykans -3.13% geval.

LEES MEER HIERONDER:

Steinhoff International Holdings N.V. – Conditional settlement with LSW

Steinhoff International Holdings N.V. (the “Company” or “Steinhoff” and with its subsidiaries, the “Steinhoff Group”).

As previously disclosed in the Company’s annual reports, litigation with certain entities including and affiliated to LSW GmbH (the “LSW Entities”) relating to the Conforama Group has been ongoing between the parties.

On 20 February 2023 Steinhoff and certain LSW Entities reached a full and final settlement of all outstanding litigation between the parties to be concluded before the Commercial Court of Vienna for total payment of €202.12 million (“the Settlement”). The Settlement is subject to the fulfilment of certain conditions, including Steinhoff Group lender consent.