China’s JD.com in Early-Stage Talks to Buy U.K. Retailer Currys

(Bloomberg) — Chinese e-commerce operator JD.com Inc. is the latest company to consider buying U.K. electronics retailer Currys Plc, as a path toward new avenues for growth away from home.

JD.com “is in the very preliminary stages of evaluating a possible transaction that may include a cash offer for the entire issued share capital of Currys,” the company said in a regulatory filing on Monday. It came in response to a report by The Telegraph that the two sides held exploratory talks in recent weeks. JD.com has until March 18 to decide whether to make an offer.