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The Public Investment Corporation has entered into a settlement agreement with the embattled Steinhoff. The Steinhoff scandal revealed accounting fraud of over R100bn affecting various investors, including the PIC. #eNCABusiness #DStv403 | eNCAnews
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Embattled retailer Steinhoff will increase its proposed payout to investors who lost out during its share price plunge. The company says it will add on R3.2-billion, taking the total settlement offer to around R25-billion. #eNCABusiness #DStv403 | eNCAnews
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