Betaville

UNCOOKED ALERT: THG PLC said to ...

THG PLC, the UK-listed e-commerce company, is at the centre of speculation the company could soon be involved in a major corporate event.

People following the situation said the precise details of the transaction are unclear but suggested the "event" might include a takeover of the London-listed business led by the company's founder, Matt Moulding, or a spin off of a large division.

THG floated last year to much fanfare but since then has endured a torrid time in the stock market, with the share falling over 75pc...