British retailer Currys drops 10% after U.S. investment firm Elliott pulls out of takeover race
Publishing timestamp: 2024-03-11 06:48:33
Summary
U.S. investment firm Elliott decides not to make another takeover bid for British electrical retailer Currys after being repeatedly rejected. Shares of Currys down 10% after news. Elliott's move clears way for Chinese online retailer JD.com to potentially take over Currys.
Sentiment: NEGATIVE
Tickers: 9618-HK, CURY-GB, JD,
Keywords: breaking news: business, breaking news: markets, jd.com inc, markets, retail industry, business news, currys plc,