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Bids, Mergers and Takeovers

Poundland rejects Steinhoff's cash offer

24 June 2016 12:19

Steinhoff said the board of Poundland didn't accept its proposal regarding a possible cash offer for Poundland.

The board of Steinhoff notes the full year results for the year to 27 March released by Poundland on 16 June, the recent movement in the share price of Poundland and impact of the EU Referendum on global markets.

At 12:19pm: (LON:PLND) Poundland Group share price was -31p at 174p

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