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Poundland owner Pepco s shares lifted higher after launching on the Warsaw stock market today.
The discount retail group, which also operates under the Pep&Co and Dealz brands, rose by more than 10pc on the opening bell. Pepco had priced the initial public offering (IPO) at 40 zlotys per share, giving it a valuation of 23 billion zlotys (£4.4bn).
Andy Bond, chief executive of Pepco and former Asda boss, said: As a listed company, we look forward to continuing our strong store growth and delivering our successful strategy as Europe s pre-eminent discount variety retailer.
A new rover for the moon
In a slightly quirkier story. General Motors and US aerospace firm Lockheed Martin are teaming up to develop a new lunar rover for the next time NASA has astronauts motoring around the moon.