PCO Pepco Group N.V.

43.75PLN-0.07%Mkt Cap: 6.05B $P/E: 11.92

Pepco Group N.V. operates as a variety discount retailer in the United Kingdom, the Republic of Ireland, Poland, and the rest of Europe. The company offers general merchandise; apparel for the whole family, including chi…

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Poundland owner seeks sale of retailer “within weeks” – report

Modella Capital, the retail investor that owns TGJones and Hobbycraft, is said to be among the possible bidders.

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Poundland owner picks A&M to advise on auction of discount chain

Poundland's owner has picked advisers to handle a sale of the discount chain just over a year after it last changed hands. Sky News has learnt that Gordon Brothers, the retail investor which also owns LK Bennett and Radley, has hired Alvarez & Marsal (A&M) to run an auction of the 600-store business. The appointment of A&M follows a beauty parade of advisers held in the last week, and is expected to result in a sale process being launched in the autumn.

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Gordon Brothers explores Poundland exit – report

The investor is in talks with advisers about launching an auction process for the chain, which employs approximately 12,000 people across around 600 stores in Britain.

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