Betaville Intelligence

UNCOOKED ALERT: THG said to ... - Part 2

Tuesday, 21 December 2021, 9:15 am

It would appear rivals at Bloomberg have finally decided to follow up little old Betaville's uncooked alert about THG from a week ago.

Today, Bloomie published a long piece on Matt Moulding's THG, formerly known as The Hut Group. I have pasted the key paragraphs below if you can't be bothered to read the long introduction and also a link to the whole piece:

THG is now trading well below its IPO level, and is considering options including selling its prize assets — the beauty and nutrition units that bring in the lion’s share of revenue — according to people familiar with internal discussions, who asked not to be named as the talks are private. THG has also discussed whether to take the company private again, the people added, declining to comment on the record about ongoing plans...

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Tags: THG, Bloomberg

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