Currys rallies on takeover speculation

By

Sharecast News | 29 Mar, 2022

Updated : 10:12

Currys rallied on Tuesday after markets blog Betaville suggested takeover interest in the electricals retailer.

Betaville said people following the situation have heard a "mystery suitor" is circling Currys, possibly a private equity firm.

"Readers should be aware that Currys shares are up about 8% over the last five days, suggesting some of the takeover speculation may have already been built into the share price," Betaville said.

At 0920 BST, the shares were up 5.7% at 98.15p.

Last news