Yahoo Canada Web Search

Search results

1. www.cnbc.com › 2024/03/11 › currys-shares-plungeBritish retailer Currys drops 10% after U.S. investment firm ...

   www.cnbc.com › 2024/03/11 › currys-shares-plunge

   Mar 11, 2024 · LONDON — Elliott Investment Management said Monday it had decided not to make another takeover bid for British electrical retailer Currys after repeatedly being rejected. Shares of Currys...

2. www.bbc.co.uk › news › business-68335829Currys takeover battle looms as JD.com eyes bid - BBC News

   www.bbc.co.uk › news › business-68335829

   Feb 19, 2024 · Shutterstock. Currys could be at the centre of a takeover battle after Chinese e-commerce group JD.com said it was considering an offer for the company. The potential bid emerged after Currys...

3. www.bbc.com › news › business-68532445Currys takeover move scrapped by US firm Elliot - BBC

   www.bbc.com › news › business-68532445

   US investment firm Elliott Advisors has walked away from making a takeover bid for Currys after being rejected by the retailer's board "multiple times". It had initially proposed an offer that...

4. www.reuters.com › markets › dealsUK's Currys rejects $951 mln bid from US suitor Elliott

   www.reuters.com › markets › deals

   Feb 27, 2024 · LONDON, Feb 27 (Reuters) - Britain's Currys said it rejected an improved 757 million pound ($951 million) bid from U.S. investor Elliott Advisors, in the latest twist in a potential takeover...

5. www.reuters.com › markets › dealsAll about Currys, UK chain China's JD.com and US fund Elliott ...

   www.reuters.com › markets › deals

   Feb 19, 2024 · Currys shares soared on Monday after Chinese online retailer JD.com joined U.S. activist investor Elliott Advisors in a battle to buy the British home appliance and electronics retailer, which...

6. www.reuters.com › markets › dealsUS investor Elliott walks away from offer for UK's Currys

   www.reuters.com › markets › deals

   Mar 11, 2024 · LONDON, March 11 (Reuters) - U.S. investor Elliott Advisors does not intend to make an offer for Currys (CURY.L), saying the board of the British electricals retailer would not engage with it.

7. People also ask

   Why did Currys stock soared on Monday?

   • Feb 19 (Reuters) - Currys (CURY.L) shares soared on Monday after Chinese online retailer JD.com (9618.HK) joined U.S. activist investor Elliott Advisors in a battle to buy the British home appliance and electronics retailer, which has already rebuffed Elliott's 700 million pound ($881.79 million) opening bid.

   All about Currys, UK chain China's JD.com and US fund Elliott vie for

   www.reuters.com/markets/deals/all-about-currys-uk-chain-chinas-jdcom-us-fund-elliott-vie-2024-02-19/

   See all results for this question

   Is Currys preparing a £700m takeover bid?

   • The potential bid emerged after Currys said at the weekend it had rejected a £700m takeover approach from US investment firm Elliott. JD.com said it was "in the very preliminary stages" of evaluating a possible bid for the retailer. Currys' share price jumped by more than a third to close at 64p on Monday.

   Currys takeover battle looms as JD.com eyes bid - BBC News

   www.bbc.co.uk/news/business-68335829

   See all results for this question

   Why did Currys pull out of takeover talks?

   • A US suitor for electricals retailer Currys has pulled out of takeover talks after saying its proposed offers had been rejected. Elliott Advisors said it does not intend to make an offer for Currys, after hopes it could be at the centre of a bidding battle.

   Top US suitor pulls out of takeover talks with Currys

   www.independent.co.uk/business/top-us-suitor-pulls-out-of-takeover-talks-with-currys-b2510516.html

   See all results for this question

   Could Currys be at the centre of a takeover battle?

   • Currys could be at the centre of a takeover battle after Chinese e-commerce group JD.com said it was considering an offer for the company. The potential bid emerged after Currys said at the weekend it had rejected a £700m takeover approach from US investment firm Elliott.

   Currys takeover battle looms as JD.com eyes bid - BBC News

   www.bbc.co.uk/news/business-68335829

   See all results for this question

   Is Currys a 'absurdity of UK stock-market valuations'?

   • This highlights the “absurdity of UK stock-market valuations”, the fund said. Elliott said it still has the right to make an offer for Currys in the next six months with the agreement of its board, or if another business puts a firm bid on the table.

   Top US suitor pulls out of takeover talks with Currys

   www.independent.co.uk/business/top-us-suitor-pulls-out-of-takeover-talks-with-currys-b2510516.html

   See all results for this question

   Who owns Currys?

   • According to LSEG data, hedge fund Redwheel is Currys' largest shareholder with a 14.9% stake, followed by Spanish investment firm Cobas Asset Management, which has a 9.2% stake. British retail industry veteran Mike Ashley's Frasers Group is the third largest shareholder in Currys, with a 6.6% stake.

   All about Currys, UK chain China's JD.com and US fund Elliott vie for

   www.reuters.com/markets/deals/all-about-currys-uk-chain-chinas-jdcom-us-fund-elliott-vie-2024-02-19/

   See all results for this question

8. www.independent.co.uk › business › top-us-suitorTop US suitor pulls out of takeover talks with Currys

   www.independent.co.uk › business › top-us-suitor

   • Cached

   Mar 11, 2024 · Currys rejected a takeover approach worth £757 million from Elliott late last month, claiming it undervalued the company.