Steinhoff International Holdings NV headquarters in Stellenbosch, South Africa.

Photographer: Dwayne Senior/Bloomberg

Steinhoff International Holdings NV is getting close to reaching a potential deal on 10 billion euros ($11 billion) of legal claims lodged against the global retailer following an accounting scandal that almost wiped out the company, according to two people with knowledge of the matter.

South African claimants — including…

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