City Spy23 May 2022 22:58
The City Spy Twitter
Talk of #THG #TheHutGroup IIs & funds go private, "buyers" accumulate as much float as possible before paying off remainder with face saving value price. CS ?????? #RUMOR
PE or two buy up float, major holders fold over, new PE buys out the remainder of the float to take it private. I.e. offer not for whole org, just the float. Everyone else folds.