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And he said, "But
I'll buy it from you." "Great. Let's do a deal." And he said, "But I can't pay you cash,
but I'll pay you with Steinhoff shares." And suddenly I became a
fairly large shareholder. In fact, if memory serves,
apart from the institutions, I was the second largest
individual shareholder
I'll buy it from you." "Great. Let's do a deal." And he said, "But I can't pay you cash,
but I'll pay you with Steinhoff shares." And suddenly I became a
fairly large shareholder. In fact, if memory serves,
apart from the institutions, I was the second largest
individual shareholder
Full Transcript
00:00:01.000 --> 00:00:04.044
And he said, "But
I'll buy it from you."
00:00:04.441 --> 00:00:05.096
"Great. Let's do a deal."
00:00:05.961 --> 00:00:11.004
And he said, "But I can't pay you cash,
but I'll pay you with Steinhoff shares."
00:00:11.401 --> 00:00:14.096
And suddenly I became a
fairly large shareholder.
00:00:14.961 --> 00:00:18.008
In fact, if memory serves,
apart from the institutions,
00:00:18.801 --> 00:00:22.008
I was the second largest
individual shareholder.
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Movie Summary
The biggest corporate scandal in South African history, the fall of Steinhoff led to a loss of R200 billion. Steinheist untangles the story: the investors who were taken in; the victims and the CEO, Markus Jooste, who's still a fr...