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
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
High, we some and this was close to liverpool earlier this afternoon in southport. Slightly different across scotland, one running down the north sea filtering lots of clouds. It is damp and dreary with scattered shop showers across the far south and east. That will translate into this this afternoon, the Weather Front Clinging to the north sea, filtering and quite a lot of clouds, the best of the breaks further inland where have already seen them through the spine of the country unto the west. A pretty messy story that in comparison to the weather lately not bad for some. Where we have the cloud, temperatures will struggle, perhaps around eight or nine, but further west with sunshine, highs of 11 or 12. In the clear skies by day, that will allow temperatures to fall through the night, frost and fog returning for some, certainly across parts of wales and Central England we could see temperatures just below freezing, obviously with the crowd from the north sea temperatures holding up at
around 700,000 children are being taught in buildings that need repairs. the government said it has been investing in transforming schools. nine people are known to have died after a russian missile attack in ukraine. rescuers have spent the night looking for survivors in kramatorsk. the chancellor will meet with water and energy regulators to find out what they will do to lower prices. there are concerns that firms are exploiting inflation. and kevin spacey has arrived at his trial in london where he is accused of sexual assaulting men. he denies the charges against him. the the national audit office found a third of school buildings has develop beyond their initial design life. a lot were put up quickly after the war. so we are talking of 24,000 after the war. so we are talking of 2a,000 buildings. the risk of injury or death from a school building or collapse has been assessed as very likely or critical. what the hell s going on. jessica hill is with us and racheljones, a
and even dialects plus, it is 70 years since this chap became the first on screen tv weather presenter in the uk. i will look back at the archives and also bring news today of what will be a cloudy and cold day. good morning. it s thursday, the 11th of january. our main story. the public inquiry into how hundreds of former sub postmasters, resumes today. it follows the prime minister s announcement to overturn hundreds of convictions, after the itv drama raised the profile of the scandal. benjoins us from outside the inquiry. morning to you. give us more details about the evidence that is going to be given today? about the evidence that is going to be given today? yeah, after years of slow progress be given today? yeah, after years of slow progress developments - be given today? yeah, after years of slow progress developments have i be given today? yeah, after years of. slow progress developments have been moving quickly this week. we heard that the prime minister has foll