By Leanne Carr2019-08-14T06:40:00
South African retail giant Steinhoff is set to cut its debt and trim down its assets to focus on retail investments after a previous $7bn (£5.8bn) accountancy scandal.
Steinhoff’s management team said it aims to sell off its non-retail assets and cut jobs at Conforama – the French furniture chain – in a bid to cut its debt.
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