Bargain retailer Poundstretcher has been sold in a massive deal that will affect over 40 stores in Scotland .
Self-made tycoon Mr Tayub, 69, previously suggested he wanted to float the business on the stock market for up to £300million, the Mirror reports. Two years later it added Punch Pubs Group, which has 1,241 pubs across the UK. Poundstretcher, headquartered in Leicestershire, was started in 1981 and sells everything from food and toiletries to garden essentials.Another ex-Morrisons bigwig, finance chief Trevor Strain, will also join the board.
Source: News Formal (newsformal.com)
Poundstretcher Fortress Investment Group Sale Discount Chain Scotland Retirement Aziz Tayub
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