Reuters logo
6 months ago
BRIEF-Steinhoff says terminates negotiations related to proposed Shoprite transaction
February 20, 2017 / 8:56 AM / 6 months ago

BRIEF-Steinhoff says terminates negotiations related to proposed Shoprite transaction

Feb 20 (Reuters) - Steinhoff

* Says companies have decided to terminate their negotiations related to proposed shoprite transaction

* Says pic, titan and steinhoff could not reach agreement on exchange ratio that would apply to share exchange

* Says shareholders of steinhoff and shoprite are advised that caution is no longer required to be exercised by shareholders when dealing in their steinhoff and/or shoprite securities Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below