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China's JD.com Walks Away from Bidding for Currys
Chinese online retailer JD.com said on Friday that it would not make an offer for British electricals group Currys days after U.S. investor Elliott Advisors walked away from tabling a bid.JD.com shares rose 1.9% in premarket trading.Currys shares, which slumped to a session low after the update, were down 6% at 55.4 pence by 1409 GMT."JD.com today confirms that, following careful consideration, it does not intend to make an offer for Currys," the company said.Elliott walked away on Monday, sayin
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