Betaville IntelligenceFriday, 22 April 2022, 4:01 pm
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...
Read more...
Betaville IntelligenceThursday, 21 April 2022, 7:52 am
Several weeks ago Betaville and some rivals reported that THG, the controversial London-listed company formerly known as The Hut Group, has received takeover interest from several private equity firms, including Advent International and Leonard Green.
That was met by silence on all sides, giving the usual Betaville sceptics an opportunity to sling mud...
Read more...
Betaville IntelligenceTuesday, 22 March 2022, 9:29 am
Charles Allen - the former boss of ITV and now Lord Allen of Kensington - is set to become THG's new (non-executive) chairman. Below is a link to this morning's announcement confirming the appointment:
https://www.investegate.co.uk/thg-plc--thg-/rns/appointment-of-independent-non-executive-chair/202203220700085247F/..
Read more...