RE: THG Websites8 Feb 2022 07:18
I wonder what sort of ‘Significant Premium’ Liberum think is appropriate?!
Broker Liberum said: "News about PE interest is a clear sign that shares have become too cheap for the proposition THG is offering, which is not just a typical online retailer but also a [software as a service] model with a very well-invested infrastructure.
"We think there would be clear value for PE firms to be had even if they paid a very significant premium to the current price to take it private, as a future listing in the US, at the right time, would likely attract much higher multiples."