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UK discount retailer Poundland sells for £1 to investors who may close up to 200 stores.
UK discount retailer Poundland, owned by Warsaw-listed Pepco, is set to be sold for £1 to turn around investors.
Facing financial difficulties with a 7.3% drop in sales, Poundland has 825 UK stores and employs over 18,000 people.
Potential investors, including Gordon Brothers, Modella Capital, and Hilco Capital, aim to rescue the struggling retailer.
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Poundland del Reino Unido se venderá por £1 a inversores que pueden cerrar hasta 200 tiendas de bajo rendimiento.