Steinhoff today priced shares in Poundland owner Pepco at 40 zlotys (€8.8) for its Warsaw stock market listing, valuing the discount retailer at around 23bn zlotys (€5bn).
Read the full article on the Reuters website
NAM Implications:
- Not bad for a pound-shop.
- Seriously, the share price/capitalisation…
- …reflects stock market confidence in Pepco’s potential.
- (not yet trading online…)
- Better to be part of this growth, rather than an observer perhaps?
