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Poundstretcher

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    Poundstretcher owner pulls full Poundland takeover bid●Poundstretcher owner withdraws full Poundland bid amid insolvency fears Fortress Investment Group has withdrawn its fullMmastodonBusiness12 d ago

    Fortress Investment Group, which owns Poundstretcher, has withdrawn its full takeover bid for struggling discount retailer Poundland and is now targeting only a portion of its stores. The retreat raises the prospect of Poundland entering administration before the crucial holiday trading season, leaving the future of its remaining shops and staff uncertain.