Gordon Brothers buys Poundland, invests $108.5 million in revival
12/06/2025 07:13
June 12 (Reuters) - Investment firm Gordon Brothers said on Thursday it had acquired Pepco Group's PCOP.WA struggling Poundland business and would provide up to 80 million pounds ($108.5 million) to help turn around the British discount retailer. ($1 = 0.7374 pounds) (Reporting by Shashwat Awasthi in Bengaluru; Editing by Sonia Cheema) ((Shashwat.Awasthi@tr.com))
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