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1. www.standard.co.uk › business › business-newsCurrys shares surge after attracting takeover interest

   www.standard.co.uk › business › business-news

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   Feb 19, 2024 · The share price of the FTSE 250-listed business was up by about a third in early Monday trading. Shares in Currys soared after attracting takeover interest from two possible buyers (Currys/PA) PA ...

   • Author: Anna Wise

2. www.independent.co.uk › business › currys-sharesCurrys shares surge after attracting takeover interest

   www.independent.co.uk › business › currys-shares

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   Feb 19, 2024 · Read more. Shares in Currys have soared as the electricals retailer could become at the centre of a bidding war after drawing attention from two potential buyers. The share price of the FTSE 250 ...

   • Author: Anna Wise

3. www.thisismoney.co.uk › money › marketsCurrys shares skyrocket as JD.com considers bid for ...

   www.thisismoney.co.uk › money › markets

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   Feb 19, 2024 · Surge: Currys shares soared on Monday morning after Chinese online retail giant JD.com confirmed it was mulling an approach for the electricals retailer. Currys shares skyrocketed by 34.7 per cent ...

4. www.asktraders.com › analysis › currys-share-priceCurrys’ Share Price Soared 38.1% on Potential Offer From JD.com

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   Feb 19, 2024 · Consequently, Currys saw its share prices leap by 38% to 65 pence in early trading sessions on Monday, marking a notable reaction from investors to the unfolding acquisition narrative. Amid these developments, it was reported by Britain's Telegraph that representatives from JD.com had initiated contact with Currys, engaging in what were described as exploratory discussions over recent weeks.

5. www.morningstar.com › news › dow-jonesCurrys Shares Soar to Lead FTSE 250 After Takeover Interest

   www.morningstar.com › news › dow-jones

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   Feb 19, 2024 · Currys led the FTSE 250 index in early trading after the U.K. electronics retailer attracted takeover interest. Shares at 0809 GMT were up 33% to 62.70 pence, the stock's sharpest intraday ...

6. www.ig.com › uk › news-and-trade-ideasCurrys share price soars on takeover battle - IG

   www.ig.com › uk › news-and-trade-ideas

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   Feb 19, 2024 · JD.com is still in the early stages of assessing the feasibility of making a cash offer for Currys. On the other hand, Elliott Advisors proposed a cash offer of 62 pence per share, valuing the company at a massive 700 million pounds. However, the offer was rejected by Currys. As a result, the stock is currently being traded at around 62 pence.

7. People also ask

   Is Currys in a bidding war?

   • The share price of the FTSE 250-listed business was up by about a third in early Monday trading. Shares in Currys have soared as the electricals retailer could become at the centre of a bidding war after drawing attention from two potential buyers.

   Currys shares surge after attracting takeover interest

   www.standard.co.uk/business/business-news/currys-shares-surge-after-attracting-takeover-interest-b1139972.html

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   Is JD mulling a takeover offer for Currys?

   • Currys shares soared on Monday morning after Chinese online retail giant JD.com confirmed it was mulling an approach for the electricals retailer. JD.com said it was in the 'very preliminary stages' of considering a takeover offer for the company, which operates over 800 stores and employs around 28,000 people across eight countries.

   Currys shares skyrocket as JD.com considers bid for struggling retailer

   www.thisismoney.co.uk/money/markets/article-13099459/Currys-shares-skyrocket-JD-com-considers-bid-struggling-retailer.html

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   What did Currys say about Elliott's 'unsolicited' offer?

   • Currys said the offer from US private equity giant Elliott was “unsolicited” and that the board felt it “significantly undervalued the company and its future prospects”. The proposal valued the business at 62p per share, which would have been higher than the firm’s current share price valuation.

   Currys shares surge after attracting takeover interest

   www.standard.co.uk/business/business-news/currys-shares-surge-after-attracting-takeover-interest-b1139972.html

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   Will Currys accept a £800m price tag?

   • Sky News reported on Sunday that one prominent Currys shareholder was pushing the business to accept a minimum £800million price tag. Waterstones owner Elliott is known for taking large stakes in struggling firms and pushing aggressively for change to try and bolster returns and share prices.

   Currys shares skyrocket as JD.com considers bid for struggling retailer

   www.thisismoney.co.uk/money/markets/article-13099459/Currys-shares-skyrocket-JD-com-considers-bid-struggling-retailer.html

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   Why did Currys cancel its dividend?

   • Amid a challenging consumer spending outlook, the company cancelled its final dividend last summer to protect its balance sheet. Since then, Currys has agreed to sell its Greek and Cypriot business, Kotsovolos, for €200million (£175million) to Public Power Corporation, Greece's largest power generation supplier.

   Currys shares skyrocket as JD.com considers bid for struggling retailer

   www.thisismoney.co.uk/money/markets/article-13099459/Currys-shares-skyrocket-JD-com-considers-bid-struggling-retailer.html

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   Is 'Currys' worth a premium takeout price?

   • Russ Mould, investment director at AJ Bell, said: 'Currys is the last big UK electricals chain with a physical store estate, which makes it a unique asset on the domestic stock market. In theory, that status deserves a premium takeout price.

   Currys shares skyrocket as JD.com considers bid for struggling retailer

   www.thisismoney.co.uk/money/markets/article-13099459/Currys-shares-skyrocket-JD-com-considers-bid-struggling-retailer.html

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8. www.msn.com › en-gb › moneyCurrys shares skyrocket as JD.com considers bid for ...

   www.msn.com › en-gb › money

   Currys rejected a takeover bid worth approximately £700million from Elliott Advisers last week, saying the 62p-per-share offer 'significantly undervalued the company and its future prospects.'