
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.