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Birmingham Post
Birmingham Post
Business
Jon Robinson

One of Britain's richest men buys £37m stake in takeover target THG

One of Britain's richest men has acquired a £37m stake in online retail and software giant THG.

Brian Kennedy, who is a former owner of rugby union team Sale Sharks, has snapped up almost 3% of the group.

THG is run by co-founder and CEO Matthew Moulding and includes brands such as Cult Beauty, Lookfantastic and Myprotein.

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