Poundland Sold to South African Firm for £600 Million
K.Ching
http://news.sky.com/story/poundland-...3597m-10500020 http://statics.192.com/estreet/origi...1/21119976.jpg [Steinhoff is backed by South African billionaire Christo Wiese whose Brait investment group also owns controlling stakes in Virgin Active, New Look and food chain Iceland.] Yes Christo Sir Thats a Big Empire there. Do I mind if you sell Frozen meal for a pound? No go ahead fella Life In The City |
Great to see someone investing in the country that dared to Brexit.
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He got a Discount Big changes in Every Poundland will Get Mega Changes. And Fresh Sweet South African Grapes in a Special Poundland Card easy eat tray. Christo Bang On Right |
£600 million?
surely they were overcharged? |
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No LT Under charged Poundland last year bought 99p stores So a massive amount of Stores for his empire |
I thought everything was a £1?
:suspect: |
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poundland stocks went down 15% since brexit, so not surprised.
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Yes in some stores by the Till's they were selling BluRays and a few items - all with Prices clear. But Everything on Shelf's is One pound |
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with that complex share bit took time. Months Back, Well Before Brexit Christo needs to use his magic on global stocks as well as China |
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