Sleepy's Owner Steinhoff: Accounting Issues Could Affect $7 Billion in Assets

Steinhoff International Holdings said accounting irregularities disclosed Wednesday could affect the valuation and “recoverability” of as much as $7.09 billion worth of assets—extending a stock market rout that has sent shares down 74% over two days.

from WSJ.com: US Business http://ift.tt/2zZW5dg
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