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Evening Standard
Evening Standard
Business
Oscar Williams-Grut

THG rejects multiple ‘unacceptable’ takeover bids after share price collapse

THG Matt Moulding Ingenuity Jefferies

THG CEO Matt Moulding

(Picture: THG)

Online shopping giant THG has rejected “numerous” early-stage takeover bids in recent weeks as the company’s under-pressure share price attracts bidders.

THG CEO Matt Moulding today confirmed a string of “indicative proposals” following “significant speculation” in the press. Moulding didn’t specify how many approaches had been made but said each had been rejected at an early stage.

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