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UK s Currys shares soar after China s JD com joins takeover battle | WKZO | Everything Kalamazoo

LONDON (Reuters) -China's JD.com said it was evaluating a takeover of Britain's Currys, sending shares in the electricals retailer soaring, and laying the ground for a bidding war after the group rejected a rival 700 million pound ($883 million) deal. .

Elliott Advisors considers a new cash bid for Currys, The Times reports

Elliott Advisors is considering making a new cash bid for British electricals retailer Currys after the activist investor s initial offer of 700 million pounds was rebuffed, The Times reported on.

Ukrainian troops withdraw from Avdiivka as ammunition shortage bites

Ukrainian troops withdrew from the devastated eastern town of Avdiivka, Ukraine's new army chief said in the early hours of Saturday, paving the way for Russia's biggest advance since May 2023 when it captured the city of Bakhmut. The withdrawal, announced as Ukraine faces acute shortages of ammunition with U.S. military aid delayed for months in Congress, aimed to save troops from being fully surrounded by Russian forces after months of fierce fighting, Kyiv said. General Oleksandr Syrskyi, who took the helm of the Ukrainian military in a major shakeup last week, said Ukrainian forces had moved back to more secure positions outside the town that had a pre-war population of 32,000.

US country singer Toby Keith dies aged 62

-U.S. country music star Toby Keith died on Monday aged 62, according to his X social media account, some 18 months after it was announced that he had stomach cancer.. -February 06, 2024 at 10:07 am EST - MarketScreener

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