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Posted on: June 3, 2018, 7:01 a.m.
A two-way battle is taking place to rescue the struggling retailer Poundworld from the brink of insolvency. US private equity house Flacks Group and Alteri Investors, the former owner of Austin Reed, are vying to take control of the loss-making discount chain. The two companies have emerged as the most likely buyers after owner TPG put the business up for sale, The Sunday Telegraph understands. The sale process led by Deloitte had attracted a number of bidders, but it is ... Full investment news articleRelevent to this post: Louisiana Economic Development TPG,