storelocate.co.uk

Poundland purchase of 99p Stores approved

22 September 2015 - Janet Bird

Poundland purchase of 99p Stores approved

Poundland has been given the go-ahead to acquire rival 99p Stores in a 55 million deal.

The Competition and Markets Authority (CMA) watchdog ruled there is sufficient competition from other value retailers to ensure the company does not lower the quality of its products as a result of the deal.

The CMA decision has been welcomed by Poundland, which hopes to complete the acquisition of 99p Stores by the end of September.


Recent News

Vouchers, Deals & Discounts

Offers to your inbox

Subscribe for store deals and offers

We won't give your email address to anyone else

Sign up to StoreLocate.co.uk newsletters and receive deals and discounts straight to your inbox