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The Latest Breaking News from THG

UK e-commerce firm THG ends investment deal with Japan’s SoftBank

Company, which owns sites such as Lookfantastic and Zavvi, blames ‘global macroeconomic conditions’

The Guardian - UK

THG and SoftBank abandon $1.6bn deal over 'global macroeconomic conditions'

The deal was first announced in May 2021

Birmingham Post

One of Manchester's richest men to complete £8.5m charity donations to good causes in the city

The move comes after the CEO pledged to donate £100m of shares to charity

Manchester Evening News

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THG boss Matthew Moulding frees up cash to complete multimillion-pound charity donations

The CEO has previously pledged to donate £100m to charity

Birmingham Post

The next great tech opportunity

Businesses are touting the metaverse as a promising new opportunity to increase customer engagement and propel growth in the digital era.

Bangkok Post

THG chairman invests almost £1m into Matthew Moulding's retail and software giant

Lord Allen was hired by THG earlier this year

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

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Property tycoon Nick Candy who tried to buy Chelsea pulls out of THG takeover as shares plunge

Nick Candy is married to former Neighbours star Holly Valance

Manchester Evening News

Nick Candy pulls out of THG takeover bid as shares slump

Two investment companies behind a separate £2.07bn takeover bid also pulled out earlier today

Birmingham Post

THG share price falls as it rejects takeover offers

Board of group rebuffs all potential takeover offers for business as ‘unacceptable’

Evening Standard

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

How much of THG does Matthew Moulding own and what is his net worth?

The chief executive co-founded the group in 2004

Birmingham Post

Meet Nick Candy - the property tycoon mulling £1.4bn THG takeover who was dragged into Partygate scandal

Mr Candy recently hit the headlines over a bid to buy Chelsea FC

Birmingham Post

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Birmingham Post

The top team leading Matthew Moulding's online retail and software giant THG

THG recently rejected a £2.07bn takeover bid from two investment companies

Birmingham Post

THG to gift shares to 500 employees as long as targets are achieved

The move has been announced ahead of THG's annual general meeting on Friday, June 10

Birmingham Post

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

Benzinga

Hanover Insurance Gr's Ex-Dividend Date Is Thursday, Here's What You Need To Know

Wednesday marks the last chance for investors to receive the next dividend payout from Hanover Insurance Gr (NYSE:THG).

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news in one place.

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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 soar amid prospect of bidding war for online retailer

Firm has had three recent takeover approaches, while property tycoon Nick Candy may also make move

Evening Standard

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

Birmingham Post

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

THG recently branded previous takeover attempts as 'unacceptable'

The Guardian - UK

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

Birmingham Post

THG signs deal with tech platform used by Sainsbury’s, Porsche and Homebase

StoryStream has offices in London and Brighton

Birmingham Post

Beauty Bay 'considering options' after hiring firm that worked on £275m THG deal

The business sells makeup, skincare, bath and body, haircare, gifts and other accessories

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