Slaughters and DLA lead as Poundland seals discount sale

Slaughters and DLA lead as Poundland seals discount sale

Slaughter and May and DLA Piper have taken lead roles on the cut-price sale of Poundland to retail-focused private equity firm Gordon Brothers.

Pepco Group, which has owned Poundland since 2016, yesterday (12 June) confirmed it had accepted a ‘nominal’ fee – widely reported to be around £1 – for the discount chain, which operates over 800 stores across the UK and Ireland.

Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Corporate users - click here for simple access (no password needed). For more information, please contact jasmine.glass@legalbusiness.co.uk