Beauty, wellness and software giant THG is being eyed up by private equity firms for a potential buyout, according to reports.
Representatives from Advent International are said to have visited the firm’s Manchester headquarters while LA-based Leonard Green is understood to have also expressed an interest.
Shares jumped by more than 18% on Friday, valuing the online retailer at about £1.65bn, after speculation about private equity interest was published in a Betaville blog post.
