The Latest Breaking News from King Street Capital Management

THG lowers profit expectations despite record sales after £100m cost cutting

THG confirmed that a further £30m of savings are to be found this year

Birmingham Post · Jan 17, 2023

Future of THG's Manchester Airport plans up in the air after £70m loan cancelled

The deal with Trafford Council was first announced at the start of 2020

Manchester Evening News · Jan 17, 2023

THG's £70m loan to build new headquarters cancelled

The deal was first announced in January 2020

Birmingham Post · Jan 16, 2023

Private equity tycoon steps down from THG board as takeover deadline looms

Dominic Murphy led the £12bn takeover of Boots in 2007 when he was a partner at KKR

Birmingham Post · Jun 8, 2022

THG shares rocket as Nick Candy circles and separate bid rejected

The e-commerce company rejected a ‘highly preliminary’ 170p-a-share bid from Belerion Capital Group and King Street Capital Management but analysts think THG will continue to be a takeover target

Evening Standard · May 20, 2022

THG board 'unanimously rejects' £2bn bid as property tycoon Nick Candy mulls £1.4bn offer

THG recently branded previous takeover attempts as 'unacceptable'

Birmingham Post · May 19, 2022