Dealz owner secures more time to find rescue deal

The extension gives the retailer another 10 working days of legal protection from creditor claims

The board of the company which owns discount retailers Dealz and Poundland has filed in the UK for another notice of intention to appoint administrators, securing time for its owners, US investment firm Gordon Brothers to find a rescue deal.

The board of the company which owns discount retailers Dealz and Poundland has filed in the UK for another notice of intention to appoint administrators, securing time for its owners, US investment firm Gordon Brothers to find a rescue deal.

The extension gives the retailer - which has over 40 Dealz stores in the Republic of Ireland - another 10 working days of legal protection from creditor claims.