It said that investor group Hamilton, which has dragged it to court in South Africa, supports the revised proposal "in principle". Hamilton previously argued that Steinhoff's settlement proposal was "unfair and inequitable". But the increased offer appears to have won it over, with one of its directors, Oscar McLaren, stating that it was now at the "financial level at which we can add our in-principle support". "We look forward to continuing to work with Steinhoff towards implementation of the Steinhoff settlement for the benefit of all market purchase claimants," he said.