RE: THG - In Play17 Apr 2023 13:54
FT bit of Sparta inside Info ‘Outsized Premium’
Sparta Capital, founded in 2021 by former Elliott Management portfolio manager Franck Tuil, also has a stake in THG.
A person close to Sparta argued that Apollo’s interest in THG wasn’t surprising since the company is significantly undervalued but any offer would have to come with an outsized premium to make sense.