Elliott Group Ends Bid for Currys after Repeated Rejection by Board
Monday, 11 March 2024, 09:15
Elliott Group Withdraws Bid for UK Retailer Currys
US investor Elliott has confirmed that it is no longer pursuing the acquisition of UK retailer Currys. The decision comes after the retailer's board consistently rejected multiple offers from Elliott.
Rebuffed Attempts by Elliott
- The US investment group had made several attempts to engage with Currys' board.
- All offers from Elliott were turned down by the high street group.
This decision marks the end of Elliott's bid to acquire Currys.
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