THG rejects ‘unacceptable’ takeover approaches as revenues jump by 35%
by Kalyeena Makortoff from World news | The Guardian on (#5YD30)
Online shopping group says it has dismissed multiple' attempts to buy company
Online shopping group THG has dismissed numerous" takeover approaches as unacceptable", saying they undervalued the company.
Manchester-based THG (formerly known as The Hut Group), which runs beauty and nutrition websites including Lookfantastic, Cult Beauty and Myprotein, confirmed there had been interest from third parties, but said the company was not currently involved in any talks.
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