Poundland owner prepares for sale or float
Poundland owner Pepkor Europe is understood to be mulling a €4bn (£3.6bn) sale or flotation next month.
Pepkor Europe has separated itself from struggling parent company Steinhoff and refinanced its high-interest debts, according to The Times.
It is understood Poundland’s owner has already held meetings with advisors and will find bankers next month to advise on a process to explore a stock exchange listing or a sale.
Sources told the Times the discount retailer was likely to attract interest from private equity firms.
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