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
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Announcement adds to rollercoaster week for shares in Matt Moulding’s online retail specialist
THG - founded by Matt Moulding (pictured) - said it has received a 'highly preliminary and non-binding indicative proposal' from Apollo Global Management.
Kelso Group Holdings PLC on Thursday said it has increased its stake in THG PLC and urged the company to take steps improve its market value. Kelso is an investment firm focused on UK small and... | March 30, 2023
Kelso Group Holdings PLC on Thursday said it has upped its stake in THG PLC and urged the company to improve its market value. Kelso is an investment firm focused on UK small and mid-cap companies.... | March 30, 2023
THG has been urged to make changes by activist investor, Kelso, including improving its communications.