RE: Betaville16 Sep 2022 17:21
The Sun doesn't appear in these pixels but now that Ashley Armstrong, former retail hack on The Times business section, has started editing the business section perhaps little old Betaville should start paying more attention to it.
In case you don't recall, THG rejected an indicative takeover offer of 170p a share from Belerion Capital and King Street Capital Management earlier this year following an UNCOOKED ALERT from little old Betaville about a takeover approach.
Now, though, THG's shares are languishing at around 43p after a profit warning earlier this week.
But according to The Sun's business section, THG's controversial boss Matt Moulding told analysts yesterday that should if THG received bids now "the answer could be different".
Talk about closing the door after the horse has bolted!