Loyal readers may have noticed that little old Betaville teamed up with chums from The Sunday Times this weekend to figure out which activist fund had secretly been building a shareholding in THG, the London-listed online retailer that has seen its share price battered since listing a couple of years ago...
A second activist investor is rumoured to be circling THG, the London-listed e-commerce company, with a view to building a stake in the business and pushing for significant strategic change.
People following the situation have heard talk another activist has been studying the possibility of acquiring a significant shareholding in THG, which runs the Lookfantastic, Glossybox, Zavvi and Coggles websites and also beauty brands including ESPA and Illamasqua...
John Goold, a charasmatic veteran City of London stockbroker, is leading an activist campaign at THG, the London-listed online retailer also known as The Hut Group.
Kelso, the vehicle being led by Goold, has just announced it owns 0.4pc of THG or around 5 million shares. Below is the Kelso MO:..
The Sun doesn't appear in these pixels often but now that Ashley Armstrong, former retail hack on The Times business section, has started editing the business section perhaps little old Betaville should start paying more attention to it...
Controversial London-listed fast fashion retailer Boohoo has just revealed it has bought a 7.1pc shareholding in Revolution Beauty, the online make up retailer. Below is a link to this morning's annoucement:
Con Coughlin turned up in The Daily Telegraph's Saturday business section with a story about Ultra Electronics, the London-listed defence company that is in the process of being acquired by Advent International-backed Cobham for over £2.6 billion.
The piece caught Betaville's eye because The Daily Telegraph's longstanding foreign editor rarely writes in the newspaper's business section about corporate stories...
Neil "Neily" Craven dug out one of the most interesting weekend lines on THG, the London-listed online retailer.
The hardworking Mail on Sunday deputy business editor and colleague wrote yesterday that Matt Moulding, the founder of THG, would back an offer for THG of 250p a share.
That is some premium to where the shares closed on Friday - 145p a share...
Apologies for the tardy follow up Betavillers - I was out at the Chelsea game last night.
Anyway, I see property entrepreneur Nick Candy and THG have finally confirmed little old Betaville's UNCOOKED ALERT from yesterday afternoon. Below are the links:..
THG, the London-listed e-commerce company also known as The Hut Group, has come back under the spotlight amid a renewed round of takeover talk.
People following the situation have heard speculation THG has received fresh proposals since the company announced it had received several takeover approaches last month.
However, it's not clear which potential acquirer has submitted a recent proposal...
There is a suggestion circulating that beleguered THG, the London-listed online retailer, is weighing the appointment of a heavyweight chairman in the next couple of weeks.
According to people following the situation, the company - run by the controversial Matt Moulding - has narrowed its shortlist of chairman candidates to two senior City types...