Online retailer THG receives takeover proposal from US buyout firm Apollo
The company, which was previously called The Hut Group, saw shares surge by over 40% as a result.
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The company, which was previously called The Hut Group, saw shares surge by over 40% as a result.
THG has had a bumpy ride since its 2020 listing due to governance concerns, the surging price of whey and speculation over the future profitability of its Ingenuity unit.
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