Us Investment Firm Elliott Advisors has walked away from making a takeover bid for currys after being rejected by the retailers board in its own words multiple times. It had initially proposed an offer that valued the electricals chain at £700 million, and later raised it to 757 million. But currys rebuffed the approaches, saying they significantly undervalued the business. Currys could still receive a bid from chinasjd. Com, which said last month it was mulling an offerfor the firm. Lets speak now to russ mould, investment director at aj bell. What is going on, one firm has walked away but there is another weighting in the wings . Walked away but there is another weighting in the wings . There is but it it will focus weighting in the wings . There is but it it will focus on weighting in the wings . There is but it it will focus on what weighting in the wings . There is but it it will focus on what the weighting in the wings . There is but it it will focus on what the two it it will f
He said risen for the afternoon session. Before we go to that lets talk to our correspondent. Welcome to you. Another government have been a recurring theme is that this inquiry and this goes back to him changing a Welsh Parliament issued mobile phone in march 2022. Mil changing a Welsh Parliament issued mobile phone in march 2022. All was fine until that mobile phone in march 2022. All was fine until that phone mobile phone in march 2022. All was fine until that phone had mobile phone in march 2022. All was fine until that phone had a mobile phone in march 2022. All was fine until that phone had a security i fine until that phone had a Security Rebuild and then the whatsapp messages were wiped. We try to retrieve them with the help of the senate It Department and whatsapp itself but they couldnt. He thought they had been backed up but they were not. He says this is a matter of real embarrassment and some regret that the inquiry doesnt have these messages. We also talked about waless p
Business headlines. Us Investment Firm Elliott Advisors has walked away from making a takeover bid for currys after being rejected by the retailers board in its own words multiple times. It had initially proposed an offer that valued the electricals chain at £700 million, and later raised it to 757 million. But currys rebuffed the approaches, saying they significantly undervalued the business. Currys could still receive a bid from chinasjd. Com, which said last month it was mulling an offerfor the firm. Earlier i spoke with russ mould, Investment Director at the stockbrokers aj bell. There is but it it will focus on what the two main shareholders in currys have got to say, redwheel and frasers. Any bid will have to get their approval and one can only assume that wasnt forthcoming this time. They said it undervalued the business. It is rare we are in a position where we are talking about a high street retailer at the centre of a possible bidding war. We thought that bricks and mortar w