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1. • Rejected a takeover approach

     • Electrical goods retailer Currys has rejected a takeover approach from US investment firm Elliott. Currys, which operates more than 800 stores globally and employs 28,000 people, said the offer valued the business at about £700m. But the proposal "significantly undervalued" the company, Currys said.
     www.bbc.com/news/business-68330462

     Currys rejects £700m takeover approach from US firm Elliott

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 · The potential bid emerged after Currys said at the weekend it had rejected a £700m takeover approach from US investment firm Elliott.

   • Currys takeover move scrapped by US firm Elliot - BBC News

     US investment firm Elliott Advisors has walked away from...

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

   www.bbc.co.uk › news › business-68532445

   Mar 11, 2024 · 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...

4. 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...

5. www.bbc.com › news › business-68330462Currys rejects £700m takeover approach from US firm Elliott

   www.bbc.com › news › business-68330462

   Feb 18, 2024 · Electrical goods retailer Currys has rejected a takeover approach from US investment firm Elliott. Currys, which operates more than 800 stores globally and employs 28,000 people, said the...

6. 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...

7. www.ft.com › content › c2126b2d-b126-4c68-a949-48556Currys’ largest shareholder supports rejection of takeover bid

   www.ft.com › content › c2126b2d-b126-4c68-a949-48556

   Feb 20, 2024 · Currys’ largest shareholder has backed the board’s decision to reject a takeover bid from US investment group Elliott Management. Asset manager Redwheel, which owns a 14.6 per cent stake in ...

8. People also ask

   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

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   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

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   Why has Elliott Advisors walked away from a Currys takeover bid?

   • 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 valued the electricals chain at £700m, and then raised it to £757m.

   Currys takeover move scrapped by US firm Elliot - BBC News

   www.bbc.co.uk/news/business-68532445

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   Is Currys making an improved offer?

   • The U.S. investment firm said that following “multiple attempts to engage with Currys’ Board, all of which were rejected,” it was not making an improved offer for the U.K. company. The move now clears the way for Chinese online retailer JD.com which joined the race earlier this year.

   Currys shares plunge after U.S. investor Elliott pulls out of ... - CNBC

   www.cnbc.com/2024/03/11/currys-shares-plunge-after-us-investor-elliot-pulls-takeover-bid.html

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   When is Currys takeover deadline?

   • Britain's takeover regulator has set March 16 as a deadline for the bidders to make a firm offer for Currys or walk away. Elliott, which since 2018 has owned Britain's Waterstones bookshop chain, declined to comment on its higher bid.

   UK's Currys rejects $951 mln bid from US suitor Elliott

   www.reuters.com/markets/deals/uks-currys-receives-higher-bid-us-suitor-sky-news-reports-2024-02-27/

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   Could JD be a bidder for Currys?

   • The retailer has more than 800 stores globally and employs 28,000 people. In the UK, it operates about 300 stores with 15,000 staff. Following reports that it was a potential bidder for Currys, JD.com issued a statement saying it was considering an offer, but added there was "no certainty" a bid would ultimately be made.

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

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

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9. www.bbc.com › news › business-68416951Currys rejects second takeover offer from US firm Elliott - BBC

   www.bbc.com › news › business-68416951

   Feb 27, 2024 · Currys has rejected a second takeover approach from US firm Elliott, saying the offer "significantly undervalued" the electronics chain. Elliott valued the retailer at around £757m, up from its...