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Currys Shares Soar to Lead FTSE 250 After Takeover Interest

Posted on AllSides February 19th, 2024
From The Center

Currys led the FTSE 250 index in early trading after the U.K. electronics retailer attracted takeover interest. Shares at 0809 GMT were up 33% to 62.70 pence, the stock's sharpest intraday percentage move in 23 years. Chinese e-commerce company JD.com confirmed on Monday that it is in very early stages of a possible cash offer to buy U.K. electronics retailer, without disclosing further details. The statement was in response to press speculation, and the company said there can be no certainty that any offer will be made. JD.com has until...

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https://marketwatch.com/story/currys-shares-soar-to-lead-ftse-250-after-takeover-interest-415849c5

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