Wiese sells more Shoprite stock as Steinhoff extends plunge

Steinhoff International Holdings NV’s biggest shareholder, Christo Wiese, increased the amount he has raised from selling shares in food retailer Shoprite Holdings Ltd. to 3.3 billion rand ($259 million) as his net worth continues to slide amid an accounting scandal. Wiese’s liquidation of assets comes as Steinhoff’s stock extended its drop this month to 93 […]