Headline Details

Steinhoff scandal knocks $12 billion off value in blow to tycoon Wiese

Published on: Thu, 07 Dec 2017 13:38:30 UTC
News Agency: Reuters
Description:
JOHANNESBURG/BERLIN (Reuters) - Shocked Steinhoff shareholders have wiped more than $12 billion off its value since it revealed "accounting irregularities" and parted ways with its chief executive, in a dramatic fall from grace for the South African retailer.

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