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South Africa's Steinhoff may aquire Austrian retailer
June 26, 2013 / 11:16 AM / 4 years ago

South Africa's Steinhoff may aquire Austrian retailer

JOHANNESBURG, June 26 (Reuters) - South African furniture retailer Steinhoff International’s European unit may aquire Austrian furniture firm Kika-Leiner, the group said on Wednesday.

The company said in a brief statement that agreements had been concluded which could result in the deal. It did not disclose what it would pay for Kika-Leiner, which has shops in 73 locations in Austria and elsewhere in central and eastern Europe. (Reporting by Ed Stoddard; Editing by Ed Cropley)

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