THG, the London-listed e-commerce group behind beauty brands such as Lookfantastic, will this week signal to investors that it is exploring plans to spin off Ingenuity, its technology services arm.
Investing.com -- Shares of THG (LON:THG) fell on Tuesday after the company said that it is reviewing potential structures to demerge THG Ingenuity. At 6:52 am (1052 GMT), THG was trading 9.6% ...
THG, formerly known as The Hut Group, said in an investor update Tuesday that it is "actively undertaking detailed work to review potential structures to facilitate the demerger of THG Ingenuity.
THG, the global beauty and nutrition group, has announced it’s looking to demerge its THG Ingenuity brand. The company, which also owns City A.M. and is based in Manchester, told the market ...
THG is in talks to demerge its tech business as part of wider efforts to revive shareholder value after a bruising four years as a listed business. The group, whose 2020 market debut was the ...
Shares in THG have plunged today, as a warning that profits would be at the low end of forecasts took the shine off plans to split the e-commerce giant into two separate companies. The group revealed ...
Half-year figures for THG (THG) were overshadowed by news that the ecommerce technology group plans to demerge its technology infrastructure arm, Ingenuity, from its ecommerce business. Taking the ...
THG is to demerge its technology platform, Ingenuity, as it seeks to maximise shareholder value. The firm said it was reviewing potential structures to carry out the demerger, although it had not ...
Ecommerce giant THG is weighing up a demerger of its Ingenuity platform to help strengthen its balance sheet and reinvigorate the embattled stock. The group, formerly known as The Hut Group, revealed ...