Poundland has received an expression of interest from Barclays Private Equity to buy the retailer for around £200m, according to The Independent.
Other private equity houses are circling the single price point retailer, which has thrived in the recession.
The 264-store retailer’s owners Advent International’s advisors Close Brothers is examining Poundland’s strategic options, which could result in a sale.
Poundland notched up EBITDA of £20m in the year to March 29, 2009. This compares with £15.7m the year before.
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