Klarna offloads UK loan book to hedge fund Elliott Fintech Klarna is selling off its UK loan book to the hedge fund Elliott in a deal designed to free up some £30bn to fund its global growth plans, the company has announced. In a statement today, the Swedish headquartered buy-now pay-later firm said it had signed a multi-year agreement with the UK arm of Elliott [...]
Chinese shopping giant JD pulls out of Currys takeover race Retail Chinese online shopping giant JD.com has pulled out of the race to acquire Currys, just one week after another potential suitor pulled out of the race.