It has been interesting to note the recent strength in the share price of the £1.54bn-capitalised Currys (LON:CURY) group.
After having fallen away to 106p at the beginning of last month, the subsequent rise in price really is noteworthy – they are now up over 35% at 144.5p.
Obviously there have been repeated ‘takeover’ hints whirling around the marketplace since the group received two separate bid approaches in March last year – from Elliott Advisers and JD.com, at that stage they were trading in the 50p to 65p range.
Both bidders backed away from furthering such intentions …
