Media Bites 8 August: Poundland, SABMiller, Nestlé, Aldi

The tussle for Poundland has intensified as US hedge fund Elliott upped its stake in the fixed priced retailer giving rise to speculation that Steinhoff will be forced to up its £600m bid. Plus, The Mounties prepare a $4bn for SABMiller brands in Europe, and the Nestlé boss commits to the UK despite Brexit challenges.