Where does the collapse of bid interest leave Currys?
Currys today banished any disappointment at the collapse of bid interest by raising profit forecasts for the second time this year. As talk of a potential sale cools, what next for the electricals giant?
After a tumultuous couple of years for Currys, the UK’s largest electricals retailer will hope that today marks the beginning of the end of the turbulence.
The retailer has been in the headlines since mid-February when US investment firm and Waterstones owner Elliott Advisors came in with a takeover proposal valuing Currys at £700m.
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