Discount retailer Poundland bought for £597 million

Dealz owner expanding into clothing
Dealz graph

Discount retailer Poundland, which operates the Dealz chain in Ireland, has agreed to a £597 million takeover deal that will see South African retailer Steinhoff International assume control of it.

“Steinhoff is a well-capitalised, international business with a clear and proven commitment to value retailing. They share our vision for the growth and expansion of ...