'Fundamentally undervalued' offer, says THG Approach fires starting gun for offers THG focused on growth and cash generation Shares in unloved THG (THG) ticked up 3.3% to 30p after the e-commerce company rejected an takeover bid for its Myprotein sports nutrition brand from Selkirk (SELK:AIM), the cash shell established by former THG director and early ASOS (ASC) backer Iain McDonald. Floated...

We begin proceedings with two takeover approaches, one successful, the other less so, for now at least.First, Swiss bourse operator SIX agreed to buy UK junior marketplace Aquis Exchange (AQX:AIM) for 727p in cash, representing a 120% premium to the previous closing price of 330p.SIX, which operates the Swiss and Spanish stock markets, called the deal 'a compelling strategic opportunity which...

- Kelso increases its stake in online operator- Sees 'significant intrinsic value' in nutrition arm- Highlights potential MyProtein suitorsActivist investor Kelso (KLSO) has increased its stake in THG (THG) through a Contract for Difference (CFD) and set out its investment case for the consumer brands group, which has attracted takeover interest from private equity giant Apollo Global...

- Strategic 10-year partnership with Maximo - Deal to add £150m in gross merchandising volumes- Activist Kelso increases shareholdingShares in e-commerce brand platform provider THG (THG) were given a 6% boost on Thursday after the company announced a 10-year strategic partnership with beauty e-commerce retailer Maximo group.Year to date the shares have seen something of a resurgence gaining...

- Kelso group aims to unlock 'trapped value'- Suggests separating the businesses- THG shares still down over 85% from IPOShareholders in brand platform provider THG (THG) extended a warm welcome to specialist investment firm Kelso Group (KLSO) after the latter revealed it had taken a small stake with an offer to 'help unlock value' in the business.Shares in THG jumped as much as 7% to 58.5p...