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Elliot

  • 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 [...]

    Klarna's IPO went live on Wednesday.
  • 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.

    Investors will get a glimpse into whether consumers are loosening their budgets and upgrading their homes when AO World and Currys report on their yearly profits.

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