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1. www.retailgazette.co.uk › blog › 2024Why is Currys a takeover target and how much is it worth?

   www.retailgazette.co.uk › blog › 2024

   Feb 20, 2024 · The electricals retailer said on Saturday it had rejected the book shop owner’s £700m offer as it believed it “significantly undervalued the company and its future prospects”.

2. www.bbc.co.uk › news › business-68330462Currys rejects £700m takeover approach from US firm Elliott

   www.bbc.co.uk › news › business-68330462

   Feb 18, 2024 · 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 ...

3. www.bbc.co.uk › news › business-68416951Currys rejects second takeover offer from US firm Elliott

   www.bbc.co.uk › news › business-68416951

   Feb 27, 2024 · Getty Images. 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 ...

4. uk.finance.yahoo.com › news › currys-rejects-700mCurrys rejects £700m takeover bid from activist investor Elliott

   uk.finance.yahoo.com › news › currys-rejects-700m

   Feb 18, 2024 · Sun, 18 Feb 2024 1-min read. The rejected deal involved a cash offer for the entire firm at 62p per share, making the bid for the firm total to about £700m. Currys has rejected a £700m takeover bid from feared activist investor Elliott Investment Management. Yesterday, the electronics retailer said it had received an “unsolicited ...

5. www.mirror.co.uk › money › currys-shares-soarCurrys shares soar as retailer rejects £700m takeover bid ...

   www.mirror.co.uk › money › currys-shares-soar

   Feb 19, 2024 · Meanwhile, JD.com said it was "in the very preliminary stages" of evaluating a deal which could include an offer for the entire share capital of Currys. JD.com claims to be China's biggest online ...

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

   www.bbc.com › news › business-68532445

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   Mar 11, 2024 · Currys could still receive a bid from China's JD.com, which said last month it was mulling an offer for the firm. Advertisement Currys has more than 800 stores globally and employs 28,000 people.

7. People also ask

   Why did Currys reject a £700m takeover bid?

   • The rejected deal involved a cash offer for the entire firm at 62p per share, making the bid for the firm total to about £700m. Currys has rejected a £700m takeover bid from feared activist investor Elliott Investment Management.

   Currys rejects £700m takeover bid from activist investor Elliott

   uk.finance.yahoo.com/news/currys-rejects-700m-takeover-bid-125502178.html

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   Why did JD reject Currys' £700m offer?

   • The electricals retailer said on Saturday it had rejected the book shop owner’s £700m offer as it believed it “significantly undervalued the company and its future prospects”. On Monday, JD.com revealed it was considering throwing its hat in the ring to snap up Currys.

   Why is Currys a takeover target and how much is it worth?

   www.retailgazette.co.uk/blog/2024/02/why-is-currys-takeover-target/

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   Why did Currys reject a £700m takeover bid from Elliott investment management?

   • Currys has rejected a £700m takeover bid from feared activist investor Elliott Investment Management. Yesterday, the electronics retailer said it had received an “unsolicited, preliminary and conditional proposal from Elliott”.

   Currys rejects £700m takeover bid from activist investor Elliott

   uk.finance.yahoo.com/news/currys-rejects-700m-takeover-bid-125502178.html

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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

   www.bbc.com/news/business-68335829

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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

   www.bbc.com/news/business-68335829

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   Is Currys undervalued by Elliot?

   • On Saturday, Currys said it had turned down a takeover approach from Elliot of 62p per share, which would have valued it at about £700m, saying the offer "significantly undervalued" the company. However, reports suggest that Elliott, which bought UK book shop chain Waterstones in 2018, could come back with a higher offer.

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

   www.bbc.com/news/business-68335829

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8. www.bbc.com › news › business-68335829Currys takeover battle looms as JD.com eyes bid - BBC

   www.bbc.com › 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. JD.com said it was "in the very preliminary stages" of ...