An array of empty chairs: Steinhoff votes to dissolve itself

The original article can be found here.

Article highlights:

  • Steinhoff’s shareholders have voted to dissolve the JSE-listed retailer, bringing an end to what was once one of SA’s largest companies.
  • The company was already little more than a shell, having transferred almost all of its assets and liabilities to its creditors last month.
  • Its CEO and chair announced the voting results to an almost empty conference room in Amsterdam on Wednesday.