Potential THG buyers abandon £2.1bn takeover bids

Two potential acquirers of eCommerce giant THG have ended their £2.1bn chase of the Manchester-headquartered company. Belerion Capital Group and King Street Capital Management offered 170 pence per share for THG, which joined the London Stock Exchange in a headline-grabbing IPO in 2020, around a month ago. Iain McDonald, a non-executive director of THG, is a … Continue reading Potential THG buyers abandon £2.1bn takeover bids