UK Retailer B&M Seeks to List Shares in Busy Day for London Offerings
British discount retailer BandM is to list shares on the stock market, the biggest of four companies to announce plans for London initial public offerings (IPOs) on Thursday.
POUNDLAND postpones online plans despite growing sales.
Poundland, which sells its products for ��1, is gaining from hard-pressed consumers shopping around and turning to value retailers they would not have considered before the recession. Photograph: Dominic Lipinski/PA.
Savills bags POUNDLAND instruction | Online | Property Week
Savills has been instructed by Poundland to advise on acquisitions, disposals and re-site/store extensions throughout the South West and South Wales.
CompaniesPOUNDLAND puts 99p Stores in its shopping basket
You can buy a lot in a 99p Store - wallpaper paste, PG Tips, bike lights - but Poundland is looking at a ��55m deal to take out its cheaper competitor. The discount retailer, which floated in March last year at 300p a share, said it has signed a.
Flotation flurry as retailers catch tide
Two more British retailers - Poundland and Pets at Home - have set prices for their initial public offerings. Joanna Partridge looks at the reasons behind the flurry of flotations across Europe..
TRYING OLDER FUR SEALS.; Experiments Making on Five-Year Old Ones for the Trade.
A sufficient number of skins of fiveyear-old fur seals will be taken this season on the Pribilof Islands, Alaska, to enable the United states Bureau of Fisheries to determine fully how they will be received by the trade, and the best uses to which such skins may be put.
Poundland profits rise amid international growth plans - The.
Poundland profits rise amid international growth plans. Discount retailer, which floated on the stock market this year, reports 23% rise in pretax profits to ��36.8m. Poundland profits have risen. Photograph: Rui Vieira/PA.
City morning headlines: Poundland snaps up 99p stores and DFS joins flotation.
The discount retailer, which listed on the London Stock Exchange last year, is to buy stores from smaller rival 99p for a knockdown price of ��55 million. The deal, which comprises a cash consideration of ��47.5 million and the issue of new Poundland.
B&M Set to Announce 2 Billion Pound Share Listing Next Week
UK discount retailer BandM is poised to announce plans next week for a London share listing in a deal which could be worth at least 2 billion pounds, several people familiar with the matter said on Wednesday.
POUNDLAND buys 99p Stores but bosses warn prices will go up - by 1p
It might be a bargain chain, but Poundland has paved the way for a mega-bucks deal ��� to buy arch rival 99p Stores for ��55million. The cheap-as-chips chain, currently with 521 shops, is splashing out ��55million in cash and shares for its competitor.
Biased Bob: Poundland Propagandist Peddles Permanently.
very strong probability of global average temperature rising by much more than 2��C above its preindustrial level by the end of this century. unless the upward trend in annual emissions is reversed, the world will be all but��.
Poundworld could be next budget retailer to change hands after rival.
Poundworld could be the next budget retailer to change hands after rival Poundlands announcement that it plans to buy the 99p Stores chain. City sources said for the last 12 months Yorkshire-based Poundworld has been working with advisers from .
UPDATE 2-UKs Poundland swoops for 99p Stores
Poundland to pay 55 mln stg for 99p Stores. * Deal subject to approval by competition authorities. * CEO says deal wont impact existing store opening plans. * Shares rise 10 pct (Adds detail, CEO, analyst comment, shares). By James Davey. LONDON, Feb.
UK Online Fashion Retailer Boohoo.com Plans London Listing
British online fashion retailer Boohoo.com plans to list its shares on Londons Alternative Investment market, joining a surge of retail groups seeking flotations as the outlook for consumer spending improves.
POUNDLAND breaks festive records despite a lean marketing.
Poundland breaks festive records despite a lean marketing team. Poundland has revealed its best ever Christmas trading figures despite chief executive Jim McCarthy admitting advertising spend was ���minimal���. By Thomas��.
UKs POUNDLAND swoops for 99p Stores
Poundland shares rose up to 10.3 percent on Friday after it said it had agreed to pay 55 million pounds ($84 million) to 99p Stores owners, the Lalani family. The purchase will add 251 stores to Poundlands existing 534 UK stores. It also has 39 shops.
Borough Searches for Missing Boy, Last Seen on Wall
A work by the graffiti artist Banksy that appeared on a wall in Haringey, a borough of London, was ripped out, appearing next in an art auction in Miami.. London Journal; residents of Haringey neighborhood in London are seeking return of mural by artist Banksy that was ripped from wall of local shop and sent to Miami art auction; work was withdrawn from auction after outcry, but residents do not know who took it or who possesses it.
99p Stores customers in revolt over POUNDLANDs plan to.
The planned takeover of 99p Stores by Poundland has left consumers furious at the predicted price rises that will follow.
Bargain giant Poundland is to spend ��55m buying rivals.
Theres bad news for bargain hunters as 99p Stores are set to become Poundland shops.
Brit Insurance Joins I.P.O. Flurry Among Private Equity Holdings
. Brit Insurance is the latest company owned by private equity to announce an initial public offering in London. The insurer was taken private by Apollo Global Management and CVC Capital Partners in 2010.
POUNDLAND toasts Christmas as sees 10% sales growth in Q3
Discount store Poundland (LON:PLND) served a whopping 7mln customers during its peak Christmas trading week and it expects to meet financial expectations for the whole year.
Thats inflation for you! Harlows 99p store set to become a Poundland
Shoppers looking for a bargain in Harlows 99p store will find themselves paying a penny more for their purchases after the chain was taken over by rival Poundland. The ��55m deal has been agreed by both sides and, subject to approval by the Competition .
Poundland seeks to buy 99p Stores for ��55m
Budget retailer Poundland has said it wants to buy 99p Stores for ��55m, subject to approval by competition authorities. The two firms have signed a conditional deal for ��47.5m in cash and ��7.5m in shares. The sale, should it go through, includes 99p.
��55m deal for rival piles on the pounds
Poundland shares soared 15 per cent as investors sensed a bargain buy, which will add 251 stores and over two million customers to its existing portfolio of 534 UK outlets, 39 shops in Ireland and a five���store trial in Spain under the Dealz name.
B&M to Refinance Debt Prior to Possible Listing
British discount retailer BandM is due to refinance its 585 million pounds of loans put in place to back its buyout last year in order to get its debt in better shape ahead of a possible listing, banking sources said on Thursday.
In France, Its Zone Euro, Oui; Euroland, Non.
Everywhere else in the world, Euroland has caught on as a brief and handy collective nickname for the 11 countries that are phasing out their national currencies in favor of the euro. Everywhere else in Europe, nobody much cares what people call the single-currency area. But everywhere else is not France. Besides an easily wounded pride , France possesses a self-selected body called the Academie Francaise that defends the French language against neologisms and coinages that do not meet its standards for euphony, consistency and, well, Frenchness.. French Academy endorses zone euro rather than euroland as the way to name the 11 countries that are phasing out their national currencies in favor of the euro (S)
AO World Readies Move Into Europe as Profits Rise
British online domestic appliances retailer AO World marked its maiden results as a listed company with a 11 percent rise in annual earnings and said its push to broaden ranges and expand into Europe were well advanced.
Big spender: POUNDLAND forks out ��55m for 99p Store chain
Poundland agreed to buy 99p Stores for ��55 million as it seeks to boost its presence in the booming UK discount-retail industry. The proposed deal will add a business with more than 2 million weekly customers and 251 stores, the company said today in a .
Poundland orders in extra stock to keep up with demand for.
Poundland orders in extra stock to keep up with demand for its new makeup range. Alison Lynch for Metro.co.ukTuesday 16 Dec 2014 9:16 am. 50. Everyones going crazy for Poundlands new makeup range There are 100 delicious products��.
Croatian Retailer Agrokor Lines Up Rothschild for $5 Billion Listing-Sources
Food retailer Agrokor [AGROK.UL], Croatias largest private firm, has lined up Rothschild [ROT.UL] to advise it on a public listing that could value the business at about 4 billion euros (3 billion pounds), several sources familiar with the matter said.
POUNDLAND swoops for 99p Stores
Poundland shares rose up to 10.3 per cent on Friday after it said it had agreed to pay ��55 million to 99p Stores owners, the Lalani family. The purchase will add 251 stores to Poundlands existing 534 UK stores. It also has 39 shops in Ireland and a.
London Stock Exchange Posts 50 Percent Revenue Increase
The London Stock Exchange reported a near-50 percent rise in full-year revenue on Thursday, citing earnings from recently purchased LCH.Clearnet and an economic recovery encouraging companies back to stock markets.
POUNDLAND set to buy 99p stores
���Through working together, Poundland will improve choice, value and service for 99p Stores customers, bringing Poundlands know-how and range to 99p Stores.��� Family-run 99p Stores was founded by Nadir Lalani with a single site in Holloway, north .
How Much? POUNDLAND pays 99p.plus ��54999999.01 to take over 99p Stores
Poundland, which listed on the London stock market last year, revealed on Friday that it would pay ��55m to takeover its cheaper rival, which runs 251 UK shops, using ��47.5m in cash and ��7.5m shares. As a result of the deal, entrepreneur Nadir Lalani.
POUNDLAND to open in Hailsham - Eastbourne Herald
Poundland has announced plans to open a new store in Hailsham, creating jobs for the local community.
Discount Retailer B&Ms Shares Rise in London Debut
Shares in Britains BandM European Value Retail, chaired by former Tesco chief executive Terry Leahy, rose nearly 8 percent on their market debut, showing that investors remain enthusiastic about the discount sector of the retail industry.
Specialty Insurer Brit Raises Nearly $400 Million in London I.P.O.
. The insurer, which is based in the Netherlands, is the latest private equity-owned company to seek to publicly float its stock in recent months.
Danish Outsourcing Firm ISS Surges in I.P.O.
. The third time was a charm for ISS, which went public on the Nasdaq OMX Copenhagen exchange after planned offerings in 2007 and 2011 were delayed.
UK Discount Retailer B&M Aiming for $5 Billion Share Listing-Sources
British discount retailer BandM [IPO-BMRL.L] is to be valued at up to 2.9 billion pounds in its London share flotation, two sources familiar with the matter said on Friday, making it one of the biggest UK retail listings of the year. The chain, which sells everything from hanging flower baskets to mattresses, has set its price range for its initial public offering at 230-290 pence a share, the sources said. The price range gives BandM, which has been owned by U.S. private equity firm Clayton Dubilier and Rice since 2012, a market value of between 2.3 and 2.9 billion pounds, the sources said.
Poundland to Expand U.K. Discount Presence With 99p Purchase
(Bloomberg) -- Poundland Group Plc agreed to buy 99p Stores Ltd. for 55 million pounds ($84 million) as it seeks to boost its presence in the booming U.K. discount-retail industry. The proposed deal, which depends on approval by U.K. antitrust.
POUNDLAND agrees to buy 99p stores for ��55m | British Home.
Poundland agrees to buy 99p stores for ��55m Poundland has agreed to acquire rival discounter 99p Stores for ��55 million subject to approval by the.
British Poundland coming to Malaga - Aqua Estates
After the famous Seattle coffee company ��� Starbucks ��� comes the also famous British discount shop: Poundland. Malaga will welcome the 4th Spanish chain under the name Dealz. It is no surprise that more and more foreign��.
Mixed Results for 2 British Retailers in Trading Debuts
. In their first day of trading on the London Stock Exchange on Wednesday, Poundland, a discount retailer that sells everything for one pound or less, rose 20 percent, while Pets at Home fell slightly.
Grown women were fighting - Daily Express
Customers fight over Frozen merchandise in Welsh Poundland Customers were reportedly fighting over merchandise from the film [BPM MEDIA WALES]. Our Disney Frozen range has gone down amazingly well, customers��.
POUNDLAND profits jump 34% as shoppers gear up for.
Poundland, which sells all its products at the single price of ��1, posted a 34% rise in first-half profit and said it will pay a maiden dividend to investors.
What a difference a penny makes! Poundland buys 99p Stores in a deal worth.
Poundland has signed an agreement to acquire 99p Stores for ��55m. The budget retailer this morning said it believes the combination of the two businesses will provide better choice, value and service for 99p Stores customers. The proposed deal.
Discounter POUNDLAND buys rival 99p Stores
LONDON: Britains budget chain Poundland on Friday (Feb 6) snapped up rival group 99p Stores for ��55 million (US$84 million) in a deal underlining the nations booming discount retail sector. The group, which floated on the London stock market last.
British Pet Retailer Plans I.P.O., Hoping to Raise $459.7 Million
. Pets at Home, which was acquired by Kohlberg Kravis Roberts in 2010, plans to list on the London Stock Exchange later this year.
Poundland unfazed by shopper income surge - The Grocer
Consumers have more money but Poundland CEO Jim McCarthy is confident they will continue to flock to his chain regardless���
Is a Flotation Next for POUNDLAND? | tutor2u Business
Poundland is currently 75% owned by venture capital firm Warberg Pincus with the remaining shares split between over 100 Poundland management and employees. The latest income statement published by Poundland��.
Card Factory to Sell Around 400 Million Pounds of Shares in IPO
British greeting cards retailer Card Factory is set to sell around 400 million pounds of shares in a stock market listing, two sources familiar with the matter said on Thursday, the latest in a string of UK retail flotations.
Another Banksy Mural to Go From Wall to Auction
When Banksy, the pseudonymous British street artist, paints a surface, that surface is increasingly likely to be dismantled and sold.. Julien’s Auctions in Beverly Hills, Calif, will offer mural Flower Girl, first Banksy street art to be sold in the United States; mural is painted on 5,000-pound, 9-by-8-foot chunk of brick wall.