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
For the confusion over the family photograph issued by Kensington Palace on mothers day the princess of wales has admitted sometimes editing pictures. Several News Agencies had withdrawn the photo, over concerns it had been digitally manipulated. But Kensington Palace says, it wont release the original, unedited photograph. There is always frenzied speculation about the royals theres been a lot of unsubstantiated speculation about the princess of wales health. This picture released yesterday was the First Official image of her this year after that surgery back in january. A number of people have noticed discrepancies. Once you see them they are actually hard to ignore. Have a look at this bit. This is princess charlottes sleeve as you can see these bits here dont match up. The same is true if you look at princess catherines zip for the part of it is here, part of his hair, it doesnt match up in this picture either. And im finally this is a hand, princess catherines hand around the wai