PEPCO GROUP N.V. EO-,01

Poundland’s management team, led by CEO Barry Williams and linked former Asda boss Andy Bond, is in advanced negotiations with a financial backer on a management buyout that could preserve more than 11,000 jobs. Gordon Brothers has appointed Alvarez & Marsal to run a sale process after buying Poundland last year, with bids including offers that may break up the retailer. The chain reported a 3.3% like-for-like sales rebound and sharply improved expected pre-tax earnings, but faces creditor and supplier credit concerns amid the sale process. » More on theguardian.com

Pepco's management raised the ongoing buyback offer from 41.76 PLN to 47.52 PLN per share, about 14% above the previous closing price, with a total budget of up to €400 million. Up to 49,083,414 shares (8.5% of share capital) may be repurchased and cancelled, which would boost earnings per share for remaining shareholders. Majority shareholder IBEX Retail Investments plans to tender its entire holding of roughly 360 million shares, underlining the move's significance. The stock (PCOP) rose 3.2% to a 52-week high of 46.34 PLN; a positive backdrop on the Warsaw exchange also supported the price gain. » More on de.investing.com

The Pepco share rose to 40.88 PLN (+4.6%) after the launch of a one‑off buyback program of up to €400 million with an offer price of 41.76 PLN per share. The company reported Q3 revenue of around €1.09 billion (excluding Dealz), raised its full‑year gross margin guidance to around 51% and expects adjusted EBITDA growth in the mid‑teens percentage range. The completion of the sale of Dealz Poland and positive analyst comments supported investor confidence and pushed the share to a new 52‑week high. » More on de.investing.com