Struggling discounter Poundland gets bids from Hilco and Endless

Struggling discounter Poundland gets bids from Hilco and Endless

The two specialist turnaround investors are among those tabling offers for one of Britain's biggest high street employers ahead of a bid deadline on Friday, Sky News learns.

New Lakeland owner Hilco mulls bid for Poundland

New Lakeland owner Hilco Capital is among a number of parties circling Poundland. The discount chain, which was put up for sale last month, is understood to have caught the eye of the private equity firm and turnaround investor Endless with both parties expected to submit indicative proposals for the business, Sky News reported. The pair join Bensons for Beds owner Alteri Investors in the auction of Poundland. It is thought that The Original Fac…