THG shareholders ‘would reject Apollo takeover approach’

// THG activist investor Sparta Capital claims shareholders would dismiss Apollo takeover approach
// The group received a preliminary offer from the US private equity giant on MondayA THG activist investor has said the group’s shareholders would reject a takeover approach from Apollo Global Management even at a significant premium.
On Monday, the group confirmed it had received a preliminary offer from the US private equity giant which now has until 15 May to make a formal proposal.