Battle For Control Of Poundland Takes Fresh Twist

The battle for control of Poundland took a fresh twist after a voracious New York hedge fund raised its stake in the high street chain to nearly 25%.

Read the full article on the This is Money website

NAM Implications:
  • The real issue is the additional pressure placed on Poundland to perform, under new ownership.
  • But access to the owners funds and moving further out of the £1 strait-jacket should help…