THE cash & carry magnate bidding to takeover Poundstretcher owner Instore today announced that he has secured a controlling stake in the company.

Seaham Investments, a subsidiary of food wholesaler Crown Crest, which is owned by entrepreneur Aziz Tayub, said that it now owned shares or had received the backing of shareholders with 51.2% of Huddersfield-based Instore.

Mr Tayub securing a controlling stake was expected, given that he owned just 30.63% of Instore shares and had received the backing of 20.4% of the s......for the full story register now for free or login below...