The US private equity owner of Poundworld has put the chain up for sale — the latest indication of trouble in the discount retail sector.
TPG has hired accountancy firm Deloitte to find a buyer by the end of the month, according to Sky News.
TPG bought Poundworld for a reported £150m from its founder and his family in 2015, amid a wave of investor interest in cut-price retailers.
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Including:
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Developer has taken 10 storeys off proposals since first filing
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