Update on Strategic Review of Kotsovolos
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Currys announced on 16 June 2023 that it was commencing a strategic review to evaluate all options in relation to its market-leading business in Greece and Cyprus, Kotsovolos.
Further to speculation in local media and subsequent announcements by public companies, Currys confirms that the strategic review has elicited interest from several potential buyers of Kotsovolos, who have in turn submitted non-binding offers which the Board and its advisers are currently evaluating.
The strategic review remains ongoing, and Currys will provide a further update when appropriate. At this stage there can be no certainty as to the outcome of the review.
A copy of this announcement is also available on Currys' website at https://www.currysplc.com/
Next scheduled announcement
The Group is scheduled to publish its interim results on 14 December 2023.
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