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The Latest Breaking News from THG

Nick Candy pulls out of THG takeover bid as shares slump

Two investment companies behind a separate £2.07bn takeover bid also pulled out earlier today

Birmingham Post

THG share price falls as it rejects takeover offers

Board of group rebuffs all potential takeover offers for business as ‘unacceptable’

Evening Standard

Manchester-based THG sees off £2bn takeover attempt as potential buyers abandon bid

The companies had to state by June 16 whether an offer will be made or not

Manchester Evening News

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Investment companies decide against making £2.07bn offer for THG

Belerion’s co-founder and chief investment officer Iain McDonald is a non-executive director of THG

Birmingham Post

How much of THG does Matthew Moulding own and what is his net worth?

The chief executive co-founded the group in 2004

Birmingham Post

Meet Nick Candy - the property tycoon mulling £1.4bn THG takeover who was dragged into Partygate scandal

Mr Candy recently hit the headlines over a bid to buy Chelsea FC

Birmingham Post

The top team leading Matthew Moulding's online retail and software giant THG

THG recently rejected a £2.07bn takeover bid from two investment companies

Birmingham Post

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THG to gift shares to 500 employees as long as targets are achieved

The move has been announced ahead of THG's annual general meeting on Friday, June 10

Birmingham Post

Private equity tycoon steps down from THG board as takeover deadline looms

Dominic Murphy led the £12bn takeover of Boots in 2007 when he was a partner at KKR

Birmingham Post

Hanover Insurance Gr's Ex-Dividend Date Is Thursday, Here's What You Need To Know

Wednesday marks the last chance for investors to receive the next dividend payout from Hanover Insurance Gr (NYSE:THG).

Benzinga

THG boss should count the blessings of life as a listed company

Matt Moulding may be tempted by a private bid for the online retailer, but the grass is not always greener elsewhere

The Guardian - UK

THG shares soar amid prospect of bidding war for online retailer

Firm has had three recent takeover approaches, while property tycoon Nick Candy may also make move

The Guardian - UK

THG shares rocket as Nick Candy circles and separate bid rejected

The e-commerce company rejected a ‘highly preliminary’ 170p-a-share bid from Belerion Capital Group and King Street Capital Management but analysts think THG will continue to be a takeover target

Evening Standard

THG board 'unanimously rejects' £2bn bid as property tycoon Nick Candy mulls £1.4bn offer

THG recently branded previous takeover attempts as 'unacceptable'

Birmingham Post

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The Guardian - UK

Property tycoon Nick Candy considering bid to take over THG

UK online shopping group runs beauty and nutrition sites and could be target of Candy Ventures

Birmingham Post

THG signs deal with tech platform used by Sainsbury’s, Porsche and Homebase

StoryStream has offices in London and Brighton

Birmingham Post

Beauty Bay 'considering options' after hiring firm that worked on £275m THG deal

The business sells makeup, skincare, bath and body, haircare, gifts and other accessories

Birmingham Post

THG hints at boardroom shake up as Matthew Moulding reveals 'disappointment' at share price fall

THG's share price has fallen from 624p 12 months ago to just over 100p

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news in one place.

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Benzinga

Hanover Insurance Gr: Q1 Earnings Insights

Hanover Insurance Gr (NYSE:THG) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Hanover Insurance Gr beat estimated earnings by 8.67%, reporting an EPS of $3.26 versus an estimate of $3.0.

Benzinga

A Preview Of Hanover Insurance Gr's Earnings

Hanover Insurance Gr (NYSE:THG) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement. Analysts estimate that Hanover Insurance Gr will report an earnings per share (EPS) of $3.00.

Birmingham Post

The UK's most successful business bosses and why they're the most talked about

From a compelling rags to riches story or life changing invention - we take a look at the UK's business people who have become famous beyond the boardroom

Evening Standard

City comment: WPP imitation shows THG deserves some credit for its Ingenuity

THG has been given a right old kicking over the last year - but perhaps it’s due some credit.

The Guardian - UK

Investors should take a cautious approach to THG takeover talk

The retailer continues to make the simple business of selling stuff online sound complicated

The Guardian - UK

THG rejects ‘unacceptable’ takeover approaches as revenues jump by 35%

Online shopping group says it has dismissed ‘multiple’ attempts to buy company

Evening Standard

THG rejects multiple ‘unacceptable’ takeover bids after share price collapse

Shares in the online retailer have dropped 85% since last summer amid concerns about corporate governance and plans to focus on its small, but fast-growing, platform business Ingenuity

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