Moenzie82 schreef op 26 april 2018 16:37:
Hopelijk niet veel steinhoff slachtoffers hier... nog een nieuwsje
UPDATE 2-Former chairman Wiese sues Steinhoff for $5 billion
12:41 (26/04) - Bron: RTRS
(Recasts with Wiese lawsuit)
JOHANNESBURG, April 26 (Reuters) - South African businessman
Christo Wiese has launched a $5 billion lawsuit against
crisis-hit Steinhoff , a retail company in which he was
a board member and biggest shareholder until earlier this year,
his company Titan Group said.
Wiese resigned as chairman in December last year after
Steinhoff uncovered accounting irregularities that sent its
shares crashing and triggered a fight survival for the South
African retailer.
Titan Group, which houses some of Wiese's family assets,
said the 59 billion rand ($4.78 billion) claim related to the
2016 capital injection by Wiese to help Steinhoff to pay its
debt and fund the acquisition of the U.S. company Mattress Firm.
The claim also relates to the acquisition by Steinhoff of
Wiese's clothing retailer Pepkor in 2015, in which Wiese and
other Pepkor shareholders subscribed for Steinhoff shares as
part of his payment.
Steinhoff did not immediately respond to a Reuters request
to comment.
Separately, Steinhoff sold its 50 percent in German
furniture chain POCO to former joint venture partner Andreas
Seifert in a bid to settle a lawsuit over the ownership of the
business.
Seifert had claimed half-ownership of POCO, while Steinhoff
had said he had to be bought out due to unspecified actions by
his company, Seifert Enterprises.
Steinhoff said that parties in the hearing at a German court
had agreed to settle and Seifert entities offered to buy a 50
percent stake in POCO based on an agreed equity valuation of
532.5 million euros ($648.4 million) for the whole business.