As JD.com and Elliott eye a potential takeover, what does the future hold for Currys?
The starting gun has well and truly been fired in the race for a takeover of UK electricals retailer Currys, with reports emerging that US investment firm Elliott and Chinese ecommerce giant JD.com are both mulling bids
Elliott, which owns book specialist Waterstones, could well come in with a concrete offer, which is being reported as high as £700m.
JD.com, meanwhile, emerged as the frontrunner early this week, saying this morning that it is in the “very preliminary stages of evaluating a possible transaction that may include a cash offer”.
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