Thg Share News (THG)

UPDATE: Nick Candy also decides against THG takeover bid

(Alliance News) - THG PLC shares fell on Thursday after two suitors ended their pursuit of the online beauty products seller.

TOP NEWS: THG sinks as suitor pulls out, other bids "undervalue" firm

(Alliance News) - THG PLC shares fell on Thursday after a suitor ended its pursuit of the online beauty products seller.

LONDON MARKET OPEN: FTSE 100 slips as UK interest rate hike looms

(Alliance News) - Fresh off a hefty interest rate hike from the US Federal Reserve, jitters returned anew ahead of the Bank of England's turn on Thursday to tighten monetary policy.

THG dismisses all recent takeover approaches, shares slide

(Sharecast News) - THG said on Thursday that it had rejected an indicative, non-binding takeover proposal from Belerion Capital and King Street Management and that all the recent takeover approaches it has received have "significantly undervalued" the e-commerce group.

LONDON MARKET PRE-OPEN: Margins under pressure at boohoo and Asos

(Alliance News) - Stocks in London are set to pull back on Thursday as all eyes turn to the Bank of England after aggressive monetary policy tightening by the US Federal Reserve.

UK shareholder meetings calendar - next 7 days

LONDON BROKER RATINGS: Kepler Cheuvreux raises IAG to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday afternoon:

LONDON BRIEFING: GSK expands in vaccines ahead of consumer split

(Alliance News) - GSK on Tuesday said it has agreed to pay USD2.1 billion upfront, with potentially a further USD1.2 billion coming, to acquire Boston, Massachusetts-based Affinivax.

LONDON BROKER RATINGS: JPMorgan cuts Just Eat Takeaway and Deliveroo

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

THG founder would back £3bn takeover bid - report

(Sharecast News) - Matt Moulding, the billionaire co-founder of THG, would be prepared to take his online beauty company private for £3bn, according to media reports.

LONDON MARKET CLOSE: London ends tough week in green; New York lower

(Alliance News) - European equities ended a difficult week on the front foot, with an interest rate cut in China lifting the mood on Friday, but poor consumer confidence readings and another troubling US retail update underscored economic concerns which have blighted markets recently.

LONDON MARKET MIDDAY: China rate cut brightens end-of-week trading

(Alliance News) - The FTSE 100 in London was on course to post a weekly gain as the end of a rocky week saw sentiment perk up on news of an interest rate cut in China, contrasting with hawkish rhetoric - and rate hikes - from central banks in the US and Europe over recent months.

THG shares surge as retailer rejects third takeover offer

(Sharecast News) - Shares in e-commerce retailer THG surged early on Friday after the firm rejected a third takeover offer from Belerion Capital and King Street Capital Management a day earlier and news broke that property investor Nick Candy was also mulling a possible bid.

TOP NEWS: THG rejects Belerion takeover offer as Candy shows interest

(Alliance News) -THG PLC on Thursday confirmed that it has received and rejected a third non-binding takeover proposal from Belerion Capital Group Ltd and King Street Capital Management LP, on the grounds that the offer "significantly undervalues" the company.

LONDON MARKET CLOSE: Stocks mixed as miners restrain FTSE 100

(Alliance News) - Stocks in London ended mixed on Thursday with heavyweight miners weighing on the FTSE 100 after disappointing quarterly production figures, while in New York, Tesla continued to go from strength to strength.