British retailer Currys drops 5% as China’s JD.com walks away from takeover race

A Currys Plc store on Oxford Street in central London, UK, on Monday, Feb. 19, 2024. Bloomberg | Bloomberg | Getty Images British electronics chain Currys experienced more rejection Friday with Chinese online retailer JD.com walking away from a takeover race for the firm, just days after Elliott Investment Management did the same. In a brief … Read more

Currys shares plunge after U.S. investor Elliott pulls out of takeover race

A Currys Plc store on Oxford Street in central London, UK, on Monday, Feb. 19, 2024. Bloomberg | Bloomberg | Getty Images 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 were down 10% in early … Read more