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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

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

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

The deal was first announced in January 2020

Birmingham Post

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read the most diverse news in one place.

Rollercoaster year for Matthew Moulding's THG continues as shares recover from historic low

The Manchester-based online retailer owns Lookfantastic, Cult Beauty and MyProtein

Birmingham Post

THG shares sink to record low after potential buyers walk away

THG said the bids were 'unacceptable and significantly undervalued the company'

Birmingham Post

Manchester-based THG sees off £2bn takeover attempt as potential buyers abandon bid

The companies had to state by June 16 whether an offer will be made or not

Manchester Evening News

Investment companies decide against making £2.07bn offer for THG

Belerion’s co-founder and chief investment officer Iain McDonald is a non-executive director of THG

Birmingham Post

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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

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

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

THG recently branded previous takeover attempts as 'unacceptable'

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