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The Latest Breaking News from THG

Sports Direct owner Mike Ashley set to take over cycling retailer ProBikeKit

The sportswear tycoon, owner of Sports Direct, set to take stock and IP assets from THG

Cycling Weekly

Mike Ashley's Frasers Group in talks with THG over ProBikeKit deal

ProBikeKit sells cycling clothing and accessories from over 100 brands including Adidas, Raleigh and Michelin

Birmingham Post

THG shares fall after failed takeover talks with Apollo

Investors, who have wiped out 90% of THG’s market value since September 2020, react to the latest development

The Guardian - UK

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The Hut Group shares plunge as it walks away from Apollo takeover talks

THG founder Matt Moulding said the deal fell apart because of the level of control Apollo wanted

Evening Standard

THG boss Matthew Moulding reveals why takeover talks with US private equity firm Apollo collapsed

'I get excited about building and growing things, not spreadsheets'

Birmingham Post

THG ends takeover talks with US private equity firm Apollo

THG's shares have dropped sharply after the news was announced

Birmingham Post

THG, Jet2 and Burnley FC: The 21 latest North West deals

BusinessLive has rounded up some of the latest top deals you should not miss

Birmingham Post

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THG shares slashed after chances of takeover by US private equity giant Apollo called into question

Research from Bloomberg Intelligence appears to have spooked some investors

Birmingham Post

One of Britain's richest men known for Madeleine McCann search buys £37m stake in THG

Former Sale Sharks and Stockport County owner Brian Kennedy is one of the richest men in Britain

Manchester Evening News

One of Britain's richest men buys £37m stake in takeover target THG

Apollo Global Management has until May 15 to either make a firm offer or walk away.

Birmingham Post

THG, Boohoo, Matalan and JD Sports: The 19 latest North West hires and promotions

BusinessLive rounds up the latest hires and promotions across the North West

Birmingham Post

THG boss Matthew Moulding brands UK a 'selling club' as he addresses Myprotein's future

Activist investor Kelso Group recently increased its stake in THG and called for it to consider separating out Myprotein

Birmingham Post

Boss of THG activist shareholder Kelso Group joins Boohoo board

Kelso Group is chaired by former DLA partner Sir Nigel Knowles while other investors include Luke Johnson, Nigel Wray and Umar Kamani

Birmingham Post

Luxurious £20m Hotel Gotham set to open in Bristol's Guildhall next year

The new hotel is expected to include 80 bedrooms

Birmingham Post

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Birmingham Post

New owner for Hotel Gotham as focus turns to UK expansion

The outside of Hotel Gotham featured in the sixth series of Peaky Blinders on the BBC as the Midland Hotel

Birmingham Post

Knitwear brand WoolOvers backs away from eyed £7m takeover of Hotter Shoes owner

Langholm Capital has backed Sussex-based WoolOvers Group since 2015

Birmingham Post

Investors help Trainline rival Seatfrog raise £6m to help create jobs

Seatfrog was launched in 2018 and has deals with 16 train operators

Birmingham Post

Shares in Oven Pride maker McBride jump after losses and debt announcements

Shares in McBride are now at their highest since towards the end of May last year

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Birmingham Post

Northcoders creates jobs as revenue almost doubles and it returns to profit

Northcoders has bases in Manchester, Leeds, Newcastle and Birmingham while its major corporate partners include Rolls-Royce, Disney, the BBC, KPMG and Sage

Birmingham Post

Embattled Topps Tiles chairman to join JD Sports' board

A former CEO of N Brown and The Original Factory Shop will also join the board

Birmingham Post

Apollo Global Management: The private equity giant behind billion-pound THG takeover bid

Apollo Global Management has until May 15 to either make a firm offer or walk away

Birmingham Post

British American Tobacco director joins THG board

She succeeds Damian Sanders, who was recently named THG's chief financial officer

The Guardian - UK

Kelso Group ups stake in THG and calls for spinoff of nutrition business

Announcement adds to rollercoaster week for shares in Matt Moulding’s online retail specialist

The Guardian - UK

Boss of THG quotes Alanis Morissette as he slams ‘negative press’

‘Isn’t it ironic,’ says Matt Moulding in online polemic taking aim at hedge funds, analysts and the media

Birmingham Post

Brothers win backing for low-sugar cookie business Jnck

Alex and Sean Brassill have secured first national listing

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