Frasers ups stake in Currys

Frasers has upped its stake in Currys from 10.4% to 11.1% as the pair start discussions about a possible tie-up.
The Mike Ashley-owned group increased its shares on Monday as part of its “strategic investment” into the electricals retailer.
Currys chief executive Alex Baldock revealed last week that begun talks with the retail group.
He said: “This is a potentially interesting partnership. There are a number of avenues that we’re exploring.”Subscribe to Retail Gazet