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Poundland sold for just a pound in turnaround bid

Scottish Daily Express

|

June 13, 2025

POUNDLAND has been bought for just £1 by investment giant Gordon Brothers in a deal which will provide the discount retailer with an £80million war chest to revive its fortunes.

Pepco Group has entered into a definitive agreement with Gordon Brothers to sell the budget store which will continue to be led by chief executive Barry Williams, who returned to the business in March

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