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Bitcoin hits new record high above $70,000; US investor ends Currys chase – business live

The Guardian M&A

Live, rolling coverage of business, economics and financial markets as exchange-traded funds help biggest cryptocurrency rally Good morning, and welcome to our live coverage of business, economics and financial markets.

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Tech Retailer Gets Nod To Sell Greek, Cyprus Biz For €200M

Law 360 M&A

Currys said on Friday that it has received regulatory approval for the €200 million ($219 million) sale of its retail businesses in Greece and Cyprus as the U.K. electronics giant seeks to streamline its business.

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Electronics Chain Currys To Sell Greek, Cypriot Biz For €200M

Law 360 M&A

Currys PLC said Friday that it will sell its retail businesses in Greece and Cyprus for €200 million ($213 million) to Greek power company Public Power Corp. SA to allow the British electronics retailer to concentrate on its core markets.

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The Politics of Mandatory Corporate Philanthropy

Reynolds Holding

This paper adds to the literature on the political business cycle by extending it to CSR spending by publicly held companies. Accordingly, politicians who seek reelection will increase government spending immediately before an election to curry favor with voters.

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The UK stock market isn’t working | Nils Pratley

The Guardian M&A

Recent bidding battles for sub-£1bn firms such as Wincanton and Currys suggest London has an undervaluation problem Get ready to see more flotations later this year, said David Schwimmer, chief executive of the London Stock Exchange Group on Thursday.

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US owner of Waterstones tables higher offer for Currys

The Guardian M&A

Elliott Advisors ups its offer to £750m but board of high street electrical goods chain likely to reject new bid The US investment group Elliott Advisors has reportedly tabled an improved takeover offer for the UK electrical goods chain Currys, worth as much as £750m, after being rebuffed earlier this month. Continue reading.

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ESG Investing Clearly Serves Pecuniary Interests

Reynolds Holding

Napoletano and Benjamin Curry, “Environmental, Social And Governance: What Is ESG Investing?” Journal of Business Ethics, Available at SSRN: [link] [18] Paula Laier, “Vale stock plunges after Brazil disaster; $19 billion in market value lost,” January 28, 2019. The Business Impact of ESG Performance. 3°C by 2100. [25]