trending Market Intelligence /marketintelligence/en/news-insights/trending/9r30oydrblknlis1int0aq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

European investors suspend lawsuit against Steinhoff

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform


European investors suspend lawsuit against Steinhoff

Steinhoff International Holdings NV said Dutch investor rights group VEB has agreed to temporarily suspend the ongoing legal proceedings against the company.

The South African retail chain said the suspension will allow the company to continue its reorganization, make further progress with its investigations and prepare its financial statements.

The standstill will remain in place until April 3, 2019.

"Steinhoff is engaged in a complex reorganization as it restructures its financial liabilities and finalizes investigations and financial statements. This agreement allows us time to focus on completing these tasks in the interests of all stakeholders," said Steinhoff's acting CEO Danie van der Merwe.

The company said VEB and Steinhoff are both free to continue legal proceedings or to reach a settlement for affected shareholders after the suspension is lifted.

In June, VEB filed a lawsuit against an arm of accounting firm Deloitte seeking damages on behalf of Steinhoff shareholders who suffered losses following an accounting scandal at the South African retailer.