THG, the Manchester-based company, sees a 6% drop in shares after raising £95m.The raised funds aim to support the demerger of THG’s Ingenuity division.Investments from major…
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THG has successfully raised £95.4 million, exceeding its original target of £75 million, to fund the spin-off of its Ingenuity tech division.THG’s CEO, Matthew Moulding, personally…
THG successfully raises £95.4m, exceeding its initial target, to demerge its Ingenuity division.The funding was achieved through a share placing and subscription offer, overshooting the £75m…
THG is conducting a detailed evaluation of possible demerger structures for its Ingenuity service.The company aims to streamline its operations into two main entities: THG Beauty…
THG is moving forward with plans to spin off its technology arm, Ingenuity, aimed at enhancing shareholder value.The demerger is under review, with no final timeline…