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Evening Standard

Business

Daniel O'Boyle

City AM sold to ecommerce group THG

City AM City THG Standard

Ecommerce business THG, best known for its protein and beauty brands, has bought London freesheet City AM, in a shock swoop that saves the newspaper from administration.

All of City AM’s 40 staff will join THG, while co-founder and longtime CEO Jens Torpe will retire.

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