Steinhoff Seeks Fresh Start, Nominates New Auditor
- Mazars set to replace Deloitte after 2017 accounting scandal
- Executives faced investors in Amsterdam over forensic report
Steinhoff International Holdings NV company headquarters in Stellenbosch, South Africa.
Photographer: Dwayne Senior/BloombergThis article is for subscribers only.
Steinhoff International Holdings NV nominated Mazars LLP’s Netherlands unit as its new group auditor as the South African retailer looks to make a fresh start after it was almost destroyed by an accounting scandal.
Mazars accepted an offer to replace Deloitte LLP, Steinhoff’s board said at its annual general meeting in an Amsterdam hotel on Friday. Shareholders will able to vote on the proposal at a later date.