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THG rejects all ‘unacceptable’ buyout bids, investment firms exit takeover race

The Hut Group (THG) said Thursday it has rejected all recent takeover bids for the company as they “significantly undervalued” the business. In May, THG revealed it had turned down a 2 billion pound joint takeover bid from investment companies Belerion Capital Group Limited and King Street Capital Management. On the same day, the group announced...

16 Jun 2022