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Steinhoff nominates Mazars as external auditor

Steinhoff International Holdings NV on Sept. 2 said it nominated Mazars Paardekooper Hoffman Holding NV as its external auditor for fiscal 2019.

"The management board and the supervisory board are not only very pleased with the nomination but are also grateful to Mazars that they are willing to accept the engagement as our auditor under our present circumstances," the company said.

The nomination will be proposed for appointment at an extraordinary general meeting, Steinhoff added.

The South African retail group recently completed its financial restructuring after being investigated over accounting irregularities in its financial statements.