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New Deal


Announced

Elliott withdrew its offer to acquire Currys for £757m.

Financials

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Transaction Value£757m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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electrical retailing

Public

Majority

Ireland

Acquisition

Electronic Components and Equipment

Friendly

Single Bidder

Cross Border

Private Equity

Failed

Synopsis

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Elliott, an investment management company, withdrew its offer to acquire Currys, a multinational electrical and telecommunications retailer for £757m. Elliott said “following multiple attempts to engage with Currys’ board, all of which were rejected,” it did not have the necessary information to make a third bid.

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