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UNCOOKED ALERT: THG said to ... - Part 13

A fourth US-based private equity firm is circling THG, the e-commerce company.

People following the situation have heard Carlyle has been studying THG, which is led by Matt Moulding, with a view to making an offer for the business.

Carlyle is rumoured to be working with advisers from Bank of America on the potential deal, said these people following the situation.

However, it's not clear whether Carlyle has made a formal approach for THG...