Linklaters and Freshfields act as Steinhoff looks for bargain on Poundland

Magic circle duo act as South African conglomerate Steinhoff makes move for discount retailer Poundland

Linklaters and Freshfields Bruckhaus Deringer are advising as South African conglomerate Steinhoff gears up to acquire discount retailer Poundland.

Steinhoff’s interest in Poundland comes after unsuccessful bids earlier this summer for Home Retail Group, the owner of Argos, which is being sold to Sainsburys, and electrical retailer Darty, which is being acquired by French chain Groupe Fnac.

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