8 months ago
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The electrical goods retailer says Elliott ‘significantly undervalued’ the business
Currys has rejected a takeover bid from US investment group Elliott saying it significantly undervalued the electrical goods retailer.
Elliott tabled a £700m bid for Currys – at 62p a share a 32% premium to its latest share price – with the investment group. Currys was valued at £533m at the close of trading on the London stock market on Friday.
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