Poundland begins £800m stock market float

Published on: 26th November 2013

Poundland’s plans to float on the stock market have gathered pace as the retailer targets an IPO in early 2014.zzzdddsssspoundlandshopfront300

Poundland will this week send out letters of engagement to the advisers leading the float – Credit Suisse, JP Morgan, Rothschild and Shore Capital, The Telegraph reported. Poundland’s private equity owner Warburg Pincus is looking to raise between £200m and £300m, valuing Poundland at between £700m and £800m in the process.

The retailer, which serves 4.5m shoppers a week, is looking to fund expansion to double its store count to 1,000 in the UK and expand into Europe.

If you would like to receive our daily newsflash email, please enter your email address in the “sign-up” box at the top of the page; you can also follow us on Twitter and Facebook and request a print subscription here.


Going Nowhere… it’s the Bank Holiday Blog!

Fanbytes announces new reality-style online show

Thursday 9th April – Latest toy industry reaction to coronavirus outbreak

Fisher-Price report highlights positive effects of play on parents and carers

Exclusive: the latest from the pre-school category

ViacomCBS appoints Simon Leslie

Statement from TIE’s Sanjay Luthra on the power of play

Exclusive – IETP’s Carmel Giblin calls for the toy industry to work together

Operation Pac-Man issues update after first week of efforts

Generation Media announces launch of Generation Academy