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
And the oscar goes to, Cillian Murphy. And. Oppenheimer wins big at the oscars, taking seven awards including best picture, Best Director and best actor. Hello, im lauren taylor, welcome to bbc news now, 3 hours of fast moving news, interviews and reaction. The princess of wales has personally apologised for the confusion over the family photograph issued by Kensington Palace on mothers day after several news agencies, including the largest uk news agency pa, pulled the photo, citing concerns over manipulation. The princess said like many amateur photographers, i do occasionally experiment with editing. She added i wanted to express my apologies for any confusion the family photograph we shared yesterday, caused. She signed the post c for catherine. Pa said it had issued the image of the princess and her three children in good faith, but was killing it because no clarification had been received from Kensington Palace about its authenticity. Several Digital Experts had raised concerns a
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