Money

Poundland Collapse Rescue Bid Escalates as Owner Faces £18m Backlash

RecentNews.uk

01

US owners of Poundland stand to clear £18m despite the business facing potential collapse.

02

A second buyer has submitted a last-minute rescue bid to take control of the chain.

03

Advisers are scrutinising the financial backing and credentials of competing bidders.

04

Failure to reach a rescue deal could lead to widespread store closures on UK high streets.

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