Posts tagged: THG

Weekend review on a Monday: Ultra Electronics, Ted Baker and THG

Monday, 30 May 2022, 9:04 am

Con Coughlin turned up in The Daily Telegraph's Saturday business section with a story about Ultra Electronics, the London-listed defence company that is in the process of being acquired by Advent International-backed Cobham for over £2.6 billion.

The piece caught Betaville's eye because The Daily Telegraph's longstanding foreign editor rarely writes in the newspaper's business section about corporate stories...

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Sunday review on a Monday: THG, er, and that's it ...

Monday, 23 May 2022, 7:56 am

Neil "Neily" Craven dug out one of the most interesting weekend lines on THG, the London-listed online retailer.

The hardworking Mail on Sunday deputy business editor and colleague wrote yesterday that Matt Moulding, the founder of THG, would back an offer for THG of 250p a share.

That is some premium to where the shares closed on Friday - 145p a share...

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Betaville Intelligence

UNCOOKED ALERT: THG said to ... - Part 14

Thursday, 19 May 2022, 3:47 pm

THG, the London-listed e-commerce company also known as The Hut Group, has come back under the spotlight amid a renewed round of takeover talk.

People following the situation have heard speculation THG has received fresh proposals since the company announced it had received several takeover approaches last month.

However, it's not clear which potential acquirer has submitted a recent proposal...

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Tags: THG
Betaville Intelligence

UNCOOKED ALERT: THG said to ... - Part 10

Wednesday, 23 February 2022, 7:21 pm

There is a suggestion circulating that beleguered THG, the London-listed online retailer, is weighing the appointment of a heavyweight chairman in the next couple of weeks.

According to people following the situation, the company - run by the controversial Matt Moulding - has narrowed its shortlist of chairman candidates to two senior City types...

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Tags: THG
Betaville Intelligence

UNCOOKED ALERT: THG said to ... - Part 8

Friday, 18 February 2022, 2:42 pm

A growing number of advisers have been enlisted to work on a possible takeover of THG ahead of a potential formal offer for the London-listed online retailer.

People following the situation have heard Advent International has appointed consultants from McKinsey & Company to carry out analysis and a due diligence report...

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Tags: THG
Betaville Intelligence

UNCOOKED ALERT: THG said to ... - Part 7

Thursday, 10 February 2022, 7:21 pm

Readers following the THG story (saga) might be interested in Matt Moulding's Instagram posts.

The founder of e-commerce firm THG, also known as The Hut Group, appears to draw a supportive group of followers who clearly follow the company's topsy turvy share price performance.

Below is a link to one of Moulding's latest missives on Insta; the post itself is unsurprisingly a THG promotion but the comments from punters on the right hand are worth a quick glance...

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Betaville Intelligence

UNCOOKED ALERT: THG said to ... - Part 5

Friday, 4 February 2022, 3:28 pm

Private equity firms Advent International, Leonard Green Partners and Apollo are all rumoured to be circling THG, the London-listed e-commerce business.

People following the situation have heard talk Advent is working with advisers from Goldman Sachs on its interest in THG alongside the company's founder, Matt Moulding...

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Tags: THG