SHARJAH / WAM Sharjah Children, an affiliate of Rubu’ Qarn for Creating Future Leaders and …
Read More »Steinhoff’s Conforama raises $357 million to shore up finances
Bloomberg Steinhoff International Holdings NV said its struggling French furniture retail unit Conforama raised about 316 million euros ($357 million) to help fund the business amid a mounting debt load. The fundraising took place as the South African retailer announced Deputy Chief Executive Officer Alexandre Nodale, who is also CEO of Conforama, is giving up those roles. Sales at Conforama …
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