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1. 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 · The share price of the FTSE 250-listed business rose by about a third in early Monday trading after it turned down a takeover bid worth around £700 million from the owner of Waterstones,...

2. www.marketscreener.com › news › latestCurrys Shares Soar to Lead FTSE 250 After Takeover Interest

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   Feb 19, 2024 · Also on Monday, Currys' board rejected the takeover offer of 62 pence a share from investment management firm Elliott Advisors. The offer valued Currys' total shares at around 702.8 million pounds ($885.6 million), and represented a 32% premium to Friday's closing price.

3. 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 · 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.

4. www.sharesmagazine.co.uk › news › sharesCurrys tumbles 9% after US suitor Elliott ... - Shares Magazine

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   Mar 11, 2024 · Currys’ shares tumbled 9% to 59p after US investment firm Elliott Advisors abandoned its efforts to buy the electricals retailer, having had two bids spurned and ‘multiple attempts’ to engage with the board rebuffed.

5. 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 after saying it had rejected a takeover bid worth about £700 million from the owner of...

   • Author: Anna Wise

6. www.ft.com › content › 1f801228-a667-4310-ab9a-b15dbUK electronics chain Currys rejects takeover bid from Elliott

   www.ft.com › content › 1f801228-a667-4310-ab9a-b15db

   Feb 17, 2024 · UK electronics retailer Currys has rejected an unsolicited bid from US investment group Elliott Management, saying it significantly undervalued the company.

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 the FTSE 250 share price rise a third?

   • The share price of the FTSE 250-listed business rose by about a third in early Monday trading after it turned down a takeover bid worth around £700 million from the owner of Waterstones, Elliott Advisors. Chinese retail giant JD.com is also considering a possible deal to buy the business.

   Currys shares soar as retailer rejects £700m takeover bid from

   www.mirror.co.uk/money/currys-shares-soar-retailer-rejects-32158820

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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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   What happened to Currys shares?

   • Until the interest from Elliott and JD.com, Currys’ shares had languished on the public markets, falling more than 80 per cent from a recent high of 500p hit in late 2015. The retailer’s shares were trading at 65p on Tuesday, valuing the group at over £736mn.

   Currys’ largest shareholder supports rejection of takeover bid

   www.ft.com/content/c2126b2d-b126-4c68-a949-48556b20b35c

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   Will Currys make a takeover offer?

   • Under UK takeover regulations, it has until March 16 to table a firm offer or walk away. Currys said there could be no certainty that an offer would be made, nor what terms it might involve. Its shares, which are down 36 per cent in the past year, traded roughly flat to close at around 47 pence per share on Friday.

   UK electronics chain Currys rejects takeover bid from Elliott

   www.ft.com/content/1f801228-a667-4310-ab9a-b15db7035045

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   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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8. 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 ...