financetom
Business
financetom
/
Business
/
China's JD.com walks away from bidding for Currys
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
China's JD.com walks away from bidding for Currys
Mar 15, 2024 7:34 AM

LONDON (Reuters) -Chinese online retailer JD.com said on Friday that it would not make an offer for British electricals group Currys, days after U.S. investor Elliott Advisors walked away from tabling a bid.

Currys shares, which slumped to a session low after the update, were down 6% at 55.4 pence by 1409 GMT.

"JD.com today confirms that, following careful consideration, it does not intend to make an offer for Currys," the company said.

Elliott walked away on Monday, saying Currys' board would not engage with it.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
UK's drug-cost watchdog recommends Alnylam's heart disease drug
UK's drug-cost watchdog recommends Alnylam's heart disease drug
Nov 20, 2025
Nov 21 (Reuters) - The UK's drug cost-effectiveness watchdog has recommended Alnylam Pharmaceuticals' ( ALNY ) heart disease drug, ensuring access for patients through the government health system in England and Wales, the company said on Friday. The country's drug regulator had approved the injectable drug, Amvuttra, in July to treat ATTR-CM, a condition where faulty transthyretin proteins accumulate in...
Paramount, Comcast and Netflix submit bids for Warner Bros Discovery, source says
Paramount, Comcast and Netflix submit bids for Warner Bros Discovery, source says
Nov 20, 2025
Nov 20 (Reuters) - Warner Bros Discovery ( WBD ) has received preliminary buyout bids from rivals Paramount Skydance ( PSKY ) , Comcast ( CMCSA ) and Netflix ( NFLX ), a source familiar with the matter said on Thursday, kicking off a potential sale of the century-old Hollywood studio. The bids set the stage for a significant consolidation...
Paramount, Comcast and Netflix submit bids for Warner Bros Discovery, source says
Paramount, Comcast and Netflix submit bids for Warner Bros Discovery, source says
Nov 20, 2025
(Reuters) -Warner Bros Discovery has received preliminary buyout bids from rivals Paramount Skydance, Comcast and Netflix, a source familiar with the matter said on Thursday, kicking off a potential sale of the century-old Hollywood studio. The bids set the stage for a significant consolidation in the media industry and will determine the future of prized assets like HBO, the Warner...
US consumer watchdog seeks to transfer cases to DOJ, citing funding, sources say
US consumer watchdog seeks to transfer cases to DOJ, citing funding, sources say
Nov 20, 2025
WASHINGTON, Nov 20 (Reuters) - The top U.S. consumer financial watchdog, which the White House refuses to fund, is seeking to move all remaining enforcement cases and litigation to the Department of Justice in light of the agency's dwindling financial resources, according to four people with knowledge of the matter. The Consumer Financial Protection Bureau, which said last week it...
Copyright 2023-2026 - www.financetom.com All Rights Reserved