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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.

Source : African Media Agency (AMA)

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