By Leanne Carr2019-08-16T06:42:00
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.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.