Gordon Brothers buys Poundland, invests $108.5 million in revival

Pepco NV

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))