B&M sells loss-making German fascia Jawoll for £10.8m

// B&M offloads controlling stake in German retailer Jawoll for €12.5m (£10.8m)
// B&M had put Jawoll last November after it wrote down the value of its 89 stores
// Jawoll made a loss of £15.4m in the year to March 31, 2019B&M announced to the City this morning that it has completed the sale of its German retail business five months after opening a strategic review into its performance.
The discount retailer said its 80 per cent controlling stake in Jawoll was sold