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Poundland in rescue talks as owners seek buyer

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Poundland's owners are in rescue talks and seeking a buyer, with the leadership team attempting a management buyout, although the Usdaw union has warned the retailer could fall into administration. Poundstretcher's owner has withdrawn its takeover bid for the whole chain, instead targeting hundreds of its stores, fuelling fears of an imminent insolvency filing.

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Poundland in rescue talks as owners seek buyer
Photo: Sky News

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