CAPE TOWN (Reuters) - South African retail group Steinhoff's (DE:SNHG) (J:SNHJ) chairman and largest shareholder, Christo Wiese, said on Wednesday he was aware and "fully supportive" of a potential bid for British discount chain Poundland (L:PLND).
In Steinhoff's third attempt to push deeper into Europe after losing out in two high profile takeover battles this year, Wiese told Reuters that Poundland would be a "good fit and that is why we are interested."