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
And they wont be the last. What does it mean for Council Tax Payers in the city . And as concerns grow for the Financial Futures of dozens of other councils, is this more evidence of crumbling britain . We will speak to conservative and Labour Councillors and an expert on town halls growing financial woes. Also tonight, hundreds of women can now take legal action against the makers of a Contraceptive Coil that women say have left them maimed and in constant pain. We will talk to the lawyer representing 200 patients and a woman who says she was forced to have a hysterectomy to get the coil out of her. And the row between government and big tech which could mean that the Message Services millions of us rely on could stop working. And the government plans to tighten Benefit Rules to encourage more disabled people off benefits and into work. We will get a reaction from a charity. And do send us a message on whatsapp. Are you in receipt of benefits and keen to work, or an employer hoping th
Security adviserjake sullivan. Blinken told the Un Security Council on tuesday he would work with the Chinese Foreign minister to prevent the middle east conflict from spreading. But talks with china are also expected to focus on trying to solve disagreements other issues, including trade. Only this week, Tech Giant Nvidia said the Us Government has told it to stop shipping some of its advanced Artificial Intelligence chips to china immediately. The restrictions werent supposed to come into force for a few weeks. Its the latest move in the ongoing Technology Dispute between washington and beijing. Joining me now is anna ashton, us china director at eurasia group. Good morning to you. This meeting that sounds positive, but give us the latest on this trade war as were all coloured, especially when it comes to technology. I especially when it comes to technology technology. I mean, it is positive technology. I mean, it is positive in technology. I mean, it is positive in the technology. I
Its virtually all over for england at the Cricket World Cup. Jos buttler s side suffer yet another humiliating defeat to all but end their defence of the trophy. And we have some dense fog around this morning, particularly towards the east this morning, particularly towards the east. That should clear away by mid morning. Still unsettled the heavy mid morning. Still unsettled the heavy downpours and blustery winds. That continue the next few days. More that continue the next few days. More details for you coming up shortlx its friday, the 27th Of October. Our main story. Eu leaders have called for a pause in fighting between israel and hamas to allow aid into gaza, ahead of a vote on an immediate ceasefire at the United Nations today. Overnight, the us military has carried out airstrikes in Eastern Syria against two facilities it says were being used by iran to target american forces. Our middle east correspondent Yolande Knell reports. Keeping hope alive. The families of the 200 plus