Steinhoff International to Sell $25 Million Gulfstream Jet as Funds Ebb

Steinhoff International Holdings NV, the South African retailer laid low by an accounting scandal, is selling one of its more high-flying assets as it seeks liquidity to keep itself alive. The owner of United Kingdom discounter Poundland and bedding supplier Mattress Firm in the United States is in discussions with a potential buyer of a 2006 Gulfstream G550 private jet that’s shuttled

Continue reading...