Call Us Now: (240) 429 2177

Steinhoff agrees to sell stake in Conforama France to Mobilux

July 8, 2020

JOHANNESBURG (Reuters) – Scandal-hit Steinhoff International agreed to sell its shares in furniture retailer Conforama France to Mobilux Sàrl, the parent company of retailer BUT, for a nominal amount, the company said on Wednesday. “The disposal will secure the future of Conforama France, release the Group from its liabilities in respect of that business and […]

The post Steinhoff agrees to sell stake in Conforama France to Mobilux appeared first on CNBC Africa.

CNBC AFRICA

Source : African Media Agency (AMA)

0

Leave a Reply

Your email address will not be published. Required fields are marked *