David Shapiro, Thys du Toit: Steinhoff offer to settle legal claims - what it means for shareholders

Steinhoff has set aside R16.5bn to settle about 90 claims against it. In the Rational Radio webinar, BizNews founder Alec Hogg picks up with stock market expert David Shapiro and asset management heavyweight Thys du Toit, founder of Coronation, on whether the deal looks like a good one for shareholders. Steinhoff was a stock market darling until its share price crashed amid allegations of financial irregularities. Former CEO Markus Jooste stepped away, leaving forensic experts to unpick a web of complex, questionable deals.
27 Jul 2020 1PM English South Africa Investing · Business News

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