Skip to content
WorldBrand.AI

PEPCO controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

Back to profile1 entries

  1. 2023

    Steinhoff accounting crisis and restructuring

    PEPCO's historical majority shareholder, Steinhoff International, was delisted and restructured after accounting problems disclosed in 2017 resulted in lawsuits and substantial losses. The PEPCO shareholding was transferred to Ibex Topco B.V.; the cited material states that PEPCO was not expected to be materially harmed because of its balance sheet and independent financing.

    Source