JD.com Walks Away From Currys Takeover Talks
Provided by
Dow Jones
By Michael Susin
Beijing-based marketplace JD.com said it won't make a takeover offer for Currys, ending a bid war just a few days after Elliott Advisors (UK) also walked away.
JD.com said Friday that it doesn't intend to make an offer for Currys, without disclosing further details.
The decision comes after Elliott Advisors said Monday that it won't make any offer after saying that Currys rejected multiple attempts to negotiate.
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
March 15, 2024 10:36 ET (14:36 GMT)
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