The Board of THG has acknowledged recent media speculation regarding Myprotein and confirmed it received—and subsequently rejected—an unsolicited, largely unfunded, highly conditional, and non-binding proposal from Selkirk to acquire the
The Board of THG has acknowledged recent media speculation regarding Myprotein and confirmed it received—and subsequently rejected—an unsolicited, largely unfunded, highly conditional, and non-binding proposal from Selkirk to acquire the
THG PLC (LSE: THG) has divested two of its subsidiary businesses, accruing approximately £4 million in the process. This includes the sale of ProBikeKit, a provider of cycling gear, to
Union Jack Oil PLC (AIM: UJO) appears more promising following a lucrative takeover offer received by its partner and fellow firm, Egdon Resources PLC (AIM: EDR), according to Shore Capital.
As for the broader retail landscape, not all news was negative. The AIM All-Share Index ended the week down by about 1.5%, largely due to a 25bps interest rate hike
On April 17, 2023, THG publicized the receipt of an initial, non-binding proposal from Apollo Global Management Inc. (“Apollo”), representing some of its associated funds, to acquire all existing and
Shares of THG PLC (LSE: THG) surged by over 40% after confirming a preliminary bid approach from Apollo Global Management (NYSE: APO), contributing to the recent rise in M&A activity
Quick Take Mode Global Holdings has been given the green light just days after the regulator pledged to commit more resources to assessing crypto applications. The startup will wind down
Mode partners with THG plc for payments launch