Currys ups profit guidance after potential bidders walk away
Currys has upped its full-year profit guidance after it confirmed reports that both JD.com and Elliott Advisors had walked away from making potential bids to buy the retailer.
In a statement to the City, Currys said it “noted” the respective announcements made by private equity firm Elliott Advisors and Chinese ecommerce giant JD.com on March 11 and March 15 that neither intended to make an offer for the business.
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