Currys evaluating non-binding offers for Greek business

(Sharecast News) – Electricals retailer Currys said on Tuesday that it has received interest from several potential buyers for its Greek business, Kotsovolos.
Responding to speculation in local media, the company – which announced in June that it was kicking off a strategic review of the business – said the potential buyers have submitted non-binding offers that are currently being evaluated by the board and its advisers.

“The strategic review remains ongoing, and Currys will provide a further update when appropriate,” it said, adding that there can be no certainty as to the outcome of the review.

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