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145.00+28.55 (+24.52%)
At close: 05:09PM BST
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  • Financial Times

    THG shares jump 25% but fail to hit price of rejected bid

    Shares in THG rose as much as a quarter on Friday after the ecommerce company disclosed it had rejected a £2bn bid approach from a firm led by one of its own directors. Belerion is an investment firm specialising in early-stage ecommerce and technology companies, which also runs a concentrated equity fund. Its founder and chief investment officer, Iain McDonald, is a non-executive director at THG — formerly The Hut Group — and is thought to be close to Matt Moulding, the online retailer’s founder and chief executive.

  • Financial Times

    THG: higher entry prices sought from bidders

    Aware of the prevailing winds, THG has set out steps to enhance value both operationally and in corporate governance

  • Yahoo Finance UK

    THG shares skyrocket after takeover interest from Nick Candy

    The share price, which was down 4% at close on Thursday, jumped as much as 27% in early trading on Friday.