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Birmingham Post

Business

Jon Robinson

FORGOTTEN HISTORY: Thg share price jumps amid buyout interest from private equity firms - The Untold Story

Beauty, wellness and software giant THG is being eyed up by private equity firms for a potential buyout, according to reports.

Representatives from Advent International are said to have visited the firm’s Manchester headquarters while LA-based Leonard Green is understood to have also expressed an interest.

Shares jumped by more than 18% on Friday, valuing the online retailer at about £1.65bn, after speculation about private equity interest was published in a Betaville blog post.

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Florida appeals court orders fresh review after wife loses alimony and all parenting time following pay cut

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One subscription that gives you access to news from hundreds of sites

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