Shares in Poundland declined by 5.5 per cent to 393.9p in early morning trading today after Warburg Pincus - the discounter’s largest shareholder - offloaded ten million more shares than it had originally planned to sell.
Vodafone's chief executive has warned that BT's £12.5 billion takeover of EE would have to be closely monitored by regulators to ensure a fair playing field for rival telecoms businesses.
Amid uncertainty in the mobile phone and telecoms sector, Carphone Warehouse chief executive Graham Stapleton remains positive about the chain’s future.
The owners of French department store chain Galeries Lafayette has increased its stake in Carrefour to 9.5 per cent, according to Les Echos.
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