schreef:
The shares in Steinhoff Africa Retail Ltd., known as STAR, earmarked for disposal were valued at 3.85 billion rand ($321 million), based on the closing price in Johannesburg Wednesday, and amount to about 6 percent of the company. Steinhoff currently holds a 77 percent stake in the owner of clothing chains including Pep and Ackermans and the placement will only be offered to institutional investors, Steinhoff said in a statement.