LONDON BRIEFING: No Apollo offer for THG; GSK trims Haleon stake
(Alliance News) - Stocks in London were called to open higher on Friday, after data showed the UK economy expanded 0.1% over the first three months of the year.
Read more(Alliance News) - Stocks in London were called to open higher on Friday, after data showed the UK economy expanded 0.1% over the first three months of the year.
Read more(Sharecast News) - Online retailer THG called off take-over talks with US private equity outfit Apollo Global Management.
Read more(Sharecast News) - Shares in THG slumped on Thursday after research from Bloomberg Intelligence suggested that the e-commerce company is unlikely to close a deal with US private equity firm Apollo Global Management seeing a profitable exit.
Read more(Sharecast News) - A former chief executive of Coty has reportedly been drafted in to help Apollo Global Management draw up a firm offer for health and beauty retailer THG.
Read more(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.
Read more(Alliance News) - THG PLC, which trades as The Hut Group, on Monday named Sue Farr as its new senior independent director, amid takeover talks.
Read more(Alliance News) - Kelso Group Holdings PLC on Friday said it has acquired further shares in THG PLC via a contract for difference, bringing its total interest to 8.0 million shares.
Read more(Sharecast News) - Activist investor Kelso Group said on Friday that it has upped its stake in e-commerce retailer THG to 8m shares, as it argued that the company's nutrition business - MyProtein - is one of the key drivers of the investment.
Read more(Alliance News) - THG PLC shares fell back on Tuesday, after it reported a widened loss in 2022 and lower revenue in the first quarter of the new year, amid takeover talks.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday afternoon:
Read more(Alliance News) - Stock prices in London opened higher on Tuesday, after China saw a stronger-than-expected economic rebound at the start of 2023, while data pointed to a softening in the UK labour market.
Read more(Sharecast News) - E-commerce retailer THG said on Tuesday that the group had hit its downgraded full-year guidance, just 24 hours after it revealed it has received a buyout approach.
Read more(Alliance News) - Stocks in London were called to open flat on Tuesday, after data showed an unexpected rise in UK unemployment.
Read more(Alliance News) - The FTSE 100 closed off sessions highs after listless afternoon trading on Monday, though the FTSE 250 was given some impetus from M&A moves.
Read more(Sharecast News) - Liberum lifted e-commerce group THG to 'buy' from 'hold' on Monday, hiking the price target to 220p from 55p as it moved to a sum of the parts valuation, with the company now "in play" after confirming it had received a highly preliminary and non-binding indicative takeover proposal from private equity firm Apollo Global Management.
Read more