Elliott Investments Withdraws from Potential Takeover of Currys Plc

Elliott Investments Withdraws from Potential Takeover of Currys Plc

By
Luciano Delgado
1 min read

Elliott Investment Management has decided to withdraw from a potential takeover of British household retailer, Currys Plc. The US firm stated that its multiple attempts to engage with Currys’ board were all rejected, leading to the decision. In a statement, the firm mentioned that it did not have the necessary information to make a third bid.

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