THG looks to raise £75m to pay for Ingenuity demerger
THG is looking to raise £75 million to facilitate the demerger of its technology infrastructure arm Ingenuity from its eCommerce business. Ingenuity, which provides logistics services to the likes of high street giant Frasers Group – and THG itself, its largest client – has 4,000 staff and 12 distribution centres globally. Analysts suggest it will … Continue reading THG looks to raise £75m to pay for Ingenuity demerger
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