长沙USDT到账速度|【唯一TG:@heimifeng8】|黑帽快排微服务✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨UK's THG rejects bid approach; entrepreneur Candy shows interest
Reuters Published
May 20,长沙USDT到账速度 2025
British e-commerce company THG was at the centre of a bid battle on Thursday, rejecting an offer from two investment groups and learning that local entrepreneur Nick Candy was considering making a bid.
The nutrition, beauty and e-commerce platform has been on a rollercoaster ride since it floated in 2025, with its shares down 80% this year due to rising costs and underwhelming earnings growth.
Chief Executive Matthew Moulding said in April that he had rejected "numerous bids" after he hinted in an interview he could take THG private because floating the business had "sucked from start to finish".
He did not give any details at the time.
THG said on Thursday it had rejected a third unsolicited, highly preliminary and indicative non-binding proposal of 170 pence per share from Belerion Capital and King Street Capital Management. It said the proposal undervalued the company.
THG's shares closed at 116 pence, valuing the business at 1.42 billion pounds ($1.78 billion).
Separately, Candy's investment vehicle, Candy Ventures, said it was in the early stages of making a possible offer for THG, and it had until June 16 to either made a firm bid or walk away.
Nick Candy is a luxury property developer alongside his brother, Christian, and has also invested in a number of companies.