The Great Steinhoff settlement debate - Piet Viljoen and Bernard Mostert

Tekkie Town co-founder and Counterpoint Value Fund manager Piet Viljoen discuss the ins and outs of the Steinhoff settlement saga. Mostert is fighting for the restoration of his business, Tekkie Town, which was sold to Steinhoff in exchange for shares for over R3bn in 2016. Viljoen is of the opinion that Mostert and his business partner Braam Van Huyssteen should've been shrewder in negotiations and taken a cash deal. Viljoen emphasises that further due diligence should have been done from the ex-Tekkie Town owners. Learn more about your ad choices. Visit megaphone.fm/adchoices