Currys shrugs off lack of takeover offer by raising profit forecast for the year Retail Tech retailer Currys has officially ended its period for considering takeover bids without securing any offers.
Currys gets green light for £159m sale of Greek business amid takeover saga Retail Electrical retailer Currys has finalised a deal to sell its entire Greek business arm to Greek power generation and supply giant Public Power Corporation (PPC) for £159m.
Investors hope for news to boost under-pressure Currys shares It has been a bad year to be a Currys investor and shareholders will be hoping for chief executive Alex Baldock to pull something out of the hat on Thursday that they can cheer for. The electronics retailer will update the markets on how it performed in the first half of a year where revenue is expected [...]
Currys to sell Greek arm for £175m to strengthen balance sheet November 3, 2023 Currys announced that it was looking to offload the 90 stores across Southeastern Europe in an effort to strengthen its balance sheet.
Potential buyers eye up Currys Greece and Cyprus arm October 10, 2023 The British retailer put the business up for review in June just two years after it took on the business after its takeover of Dixons.
Currys considers offloading Greek retail arm Kotsovolos with strategic review June 16, 2023 Currys could offer up its Greek electronics arm Kotsovolos to potential buyers, announcing a strategic review of the businesses.
Investors cheer as Dixons pays €25m to solve Italian problem October 10, 2013 DIXONS Retail, Europe’s second-biggest electrical goods retailer, yesterday agreed to pay €25m (£21m) to merge its loss-making UniEuro business in Italy with a firm controlled by private equity group Rhone Capital. Dixons’ plan is to focus on markets where it has a leading position and combined stores and internet business, such as the UK, Nordics [...]
Dixons maintains solid start in first quarter September 6, 2012 Dixons, Europe’s second-largest electrical retailer, maintained its solid start to the year with five per cent like-for-like sales growth in the first quarter, boosted by a busy summer of events in Britain. The group, which also trades as Currys and PC World in the UK, Elkjop in Nordic countries, Unieuro in Italy and Kotsovolos in [...]
Dixons braces for looting and riots in Greece May 28, 2012 DIXONS has spent the last few weeks stockpiling security shutters to protect its nearly 100 stores across Greece in case of riots. Dixons, Europe’s second biggest electrical retailer, owns Greece’s market leading but loss-making Kotsovolos chain, which has a 25-per cent market share selling iPads and laptops as well as washing machines, televisions and air [...]
Dixons sales fall gathers pace January 17, 2012 Dixons Retail said sales declines accelerated over the key Christmas period, though the firm maintained gross margins and claimed it outperformed competitors in Britain. The electricals chain, home to Currys and PC World in Britain, said group sales at stores open over a year fell five per cent in the 12 weeks to 7 January. [...]