INSTORE, which owns the Poundstretcher chain of budget stores, said it is in talks over a possible takeover offer for the group.

The Huddersfield-based group made an announcement following recent price fluctuations in the company's shares.

The groups shares soared by more than 67% in early trading to 9.15p  - prompting Instore to make the announcement.

It said it was "in preliminary discussions with a third party which may or may not lead to an offer being made for the entire share capital ......for the full story register now for free or login below...