THG Plc warned that profitability missed analysts’ estimates and forecast sales growth will decelerate this year amid record commodity prices and continued uncertainty from the …
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THG
THG Plans to Demerge Tech Arm, Focus on Beauty and Nutrition in Push for FTSE Inclusion
THG Plc plans to demerge its technology platform and switch the listing of its core beauty and nutrition business in an attempt to boost the …
THG Shares Fall After Failed Takeover Talks With Apollo
THG has ended talks about a possible takeover bid by Apollo, saying the private equity company’s offer is an inadequate valuation of the online retail tech …
THG Shares Soar After Retailer Confirms Apollo Takeover Bid
THG Plc shares soared as much as 47 percent after the embattled UK online retailer said it received a non-binding acquisition proposal from Apollo Global …
THG Warns on Profit After Major Revenue Miss
Online retail platform THG warned on profit on Tuesday after its revenue growth missed its target, which it blamed on the termination of some loss-making OnDemand sales, …
SoftBank Sells THG Stake to Online Retailer’s Founder, Qatar After Share Drop
SoftBank Group Corp. is offloading its stake in struggling British online shopping firm THG to co-founder Matthew Moulding and Qatar Investment Authority, after its shareprice …
THG Shares Dip After SoftBank Investment Option Is Ditched
THG Plc shares fell after the British online shopping emporium said it had ended a deal with SoftBank Group Corp. due to “global macroeconomic conditions.” …
THG Shares Surge on Takeover Interest From Entrepreneur Candy
THG’s shares surged 27 percent in early trading on Friday after the e-commerce company rejected a takeover proposal from two investment groups and saw buyout …
THG Rejects ‘Numerous’ Approaches, Warns on Profit This Year
British e-commerce company THG said it had rejected “numerous” approaches that failed to reflect its value as it warned inflationary pressure would result in broadly …