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Birmingham Post

Business

Jon Robinson

Meet Nick Candy - the property tycoon mulling £1.4bn THG takeover who was dragged into Partygate scandal

Nick Candy THG Chelsea FC Shaun Bailey

Last month it was revealed that property tycoon Nick Candy was weighing up whether to make an offer to buy THG in a deal worth £1.4bn.

The proposed move by Mr Candy, who is married to former Neighbours actor Holly Vallance, was announced on the same day as a £2.07bn takeover bid from two investment companies was rejected by the Manchester-headquartered group.

Belerion Capital and King Street Capital, as well as Mr Candy's Candy Ventures, have until Thursday, June 16, to make a formal bid or walk away.

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