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Former Tesco boss unveiled as Poundland non-executive chairman Thursday, 12th July 2012
Poundland has unveiled former Tesco finance director Andrew Higginson as its new non-executive chairman.
According to the Guardian, Poundland could be worth up to £500 million in an initial public offering (IPO).
It is believed that the new appointment could lead to an IPO.
Higginson replaces Colin Smith, formerly head of the Safeway supermarket chain, who had been chairman of Poundland for ten years.