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The Latest Breaking News from Matt Moulding

THG chief Matt Moulding gives up ‘golden’ share

Retail group says Moulding has ‘transferred’ share that had given him power to veto hostile takeovers

The Guardian - UK

THG shares fall after failed takeover talks with Apollo

Investors, who have wiped out 90% of THG’s market value since September 2020, react to the latest development

The Guardian - UK

The Hut Group shares plunge as it walks away from Apollo takeover talks

THG founder Matt Moulding said the deal fell apart because of the level of control Apollo wanted

Evening Standard

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Kelso Group ups stake in THG and calls for spinoff of nutrition business

Announcement adds to rollercoaster week for shares in Matt Moulding’s online retail specialist

The Guardian - UK

Boss of THG quotes Alanis Morissette as he slams ‘negative press’

‘Isn’t it ironic,’ says Matt Moulding in online polemic taking aim at hedge funds, analysts and the media

The Guardian - UK

Now would be a good moment for the chair of THG to find his voice

Charles Allen, formerly head of ITV, is in his £400,000 a year post to generate confidence in Matt Moulding’s creation

The Guardian - UK

More pain for online retailer THG as top insurer reduces cover

Cut-back of cover for suppliers is latest in a series of headaches for founder of the troubled business

The Guardian - UK

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Made.com: symbol of the pandemic punt that popped post-Covid

Founders, early backers and banks won big in the craze for buying online retailers but investors at THG, Deliveroo and Virgin Wines lost out

The Guardian - UK

THG boss should count the blessings of life as a listed company

Matt Moulding may be tempted by a private bid for the online retailer, but the grass is not always greener elsewhere

The Guardian - UK

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

Property tycoon Nick Candy considering bid to take over THG

UK online shopping group runs beauty and nutrition sites and could be target of Candy Ventures

The Guardian - UK

City comment: WPP imitation shows THG deserves some credit for its Ingenuity

THG has been given a right old kicking over the last year - but perhaps it’s due some credit.

Evening Standard

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

Shares in the online retailer have dropped 85% since last summer amid concerns about corporate governance and plans to focus on its small, but fast-growing, platform business Ingenuity

Evening Standard

Ofgem may be busy, but it must address Martin Lewis’s points

If the consumer champion is right, it seems many of the energy companies are trying it on

The Guardian - UK

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Evening Standard

THG hires ex-ITV boss Lord Allen as first external chairman in push to repair relations with the City

The former boss of ITV has been drafted in by THG to help repair the e-commerce company’s battered reputation in the City.

Evening Standard

City comment: THG going private would be a final insult for IPO investors

You have to feel sorry for THG investors.

Evening Standard

Spiking whey prices hit margins at THG and sent stock sinking further

Beleaguered e-commerce group THG saw its stock slip further today after missing forecasts on profit margins.

The Guardian - UK

THG shares slide as it misses profit margin forecasts

Fall comes despite record £2.2bn sales at owner of websites including Lookfantastic and Cult Beauty

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