Monday, January 27, 2014

Strong Christmas sales lift UK's Poundland float prospects

British single price discount retailer Poundland posted record Christmas sales, as shoppers stocked up on 1 pound advent calendars, novelty jewellery and gifts for pets, potentially boosting the firm's price tag in a London share sale. In November, the 517-store Poundland, majority owned by private equity group Warburg Pincus, picked investment banks Credit Suisse and JP Morgan to advise it on a ...

Source: http://finance.yahoo.com/news/strong-christmas-sales-lift-uks-130851970.html

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