JOHANNESBURG—The stock market carnage at Steinhoff International Holdings NV—its shares are down 82% since disclosing possible accounting irregularities earlier this week—is raising fresh scrutiny over a set of Byzantine transactions between the global furniture retailer and related parties. Shares in Steinhoff fell another 15% Friday, extending a rout that has wiped out nearly $12 billion in market value since the company said its chief executive had resigned and it had identified possible accounting problems that could affect...

Source: Wall Street Journal December 08, 2017 20:15 UTC