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08:51 FTSE flat after opening in the red Looking at the wider index, the FTSE 100 dipped 0.2 per cent at the open but is currently flat at 6,944. Partly weighing on the export-heavy index is a stronger pound, which is up 0.3 per cent against the dollar, with £1 buying 1.392 on currency markets this morning.  Among the top fallers are utilities groups Pennon and United Utilities, along with large dollar-earning consumer staples companies such as Diageo and British American Tobacco. Meanwhile, British Airways parent IAG and engine makers Rolls-Royce are the top risers, with shares up arou...

MONEYWEB app instead? Poland is Pepco’s biggest market; sources value group at around €5bn. By James Davey, Reuters 26 Apr 2021  08:44  Open: Image: Bloomberg South African conglomerate Steinhoff will list shares in its Pepco Group discount retailer business in Warsaw rather than London, in what could become Poland’s biggest initial public offering (IPO) this year. Earlier this month, Reuters cited sources saying that Pepco, which owns Poundland in the United Kingdom as well as the Pepco and Dealz brands in Europe, was valued at around 5 billion euros ($6 billion). INSIDERGOLD...

Pepco is headquartered in London but has over 3,200 stores in 16 countries, including more than 1,000 in Poland, where the business started in 2004 and still its largest market.

United KingdomPoundland owner picks Warsaw over London for Pepco listing ReutersJames DaveyAnna KoperAnna Koper 3 minutes read Signage is seen outside a branch of Poundland in Altrincham, Britain January 7 2020. REUTERS/Phil Noble/File Photo South African conglomerate Steinhoff (SNHJ.J) has chosen Warsaw over London to list shares in its Pepco Group discount retailer business, in what could become Poland's biggest initial public offering (IPO) this year. The choice of Warsaw will be a boost to the Polish capital's stock market which has seen an uptick in listings, but was passed over by parc...

Dealz owner picks Warsaw over London for Pepco listing Updated / Monday, 26 Apr 2021 09:10 Pepco owns Dealz in Ireland and Europe and Poundland in the UK South African conglomerate Steinhoff will list shares in its Pepco Group discount retailer business in Warsaw rather than London, in what could become Poland's biggest initial public offering (IPO) this year. Earlier this month, Reuters cited sources saying that Pepco, which also owns Dealz in Ireland and Europe and Poundland in the UK, was valued at around €5 billion. Pepco trades from more than 3,200 stores across 16 countries and is le...