, Columnist
Steinhoff Faces a Firesale, But Is Set for a Fizzle
This tough retail environment is a hurdle for would-be buyers.
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With the crisis deepening at Steinhoff International Holdings NV, a January sale of its assets looks increasingly likely. But this is not the time to be offloading retail businesses.
The company was putting a brave face on its operating performance at a presentation to creditors on Tuesday.