Currys rallies on takeover speculation

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 GMT, the shares were up 5.7% at 98.15p.

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