Direct Line, the company behind Churchill Insurance, is the target of a £3.1 billion takeover bid from a foreign entity, marking another instance of a British firm attracting overseas interest.
Currys turns down a £700 million undervalued bid from a US activist investor.
Currys has officially declined a £700 million acquisition offer from Elliott Advisors, stating that it greatly undervalues the company. Elliott, based in the US, proposed 62p per share, a 32%
Share Talk Expected Market Updates For The Week Ahead, 3rd – 7th July 2023
The approaching week ushers in the fresh month of July, marking the beginning of the second half of the year for business aficionados. It has investors on the lookout for
The three stocks to sell as interest rates rise
The Bank of England raised interest rates by 0.5% to 4pc. This is the highest rate since the financial crisis.
Share Talk Expected Market Updates For The Week Ahead, 16th – 20th January 2023
The week ahead: Burberry, Ocado, WH Smith, Boohoo, BHP, Antofagasta, UK inflation on the diary
City’s most shorted stocks, how low can they go?
Cineworld, ASOS, Currys, BooHoo and Kingfisher are just a few of the notable names on a London-based list of most shorted equities.