THG terminates takeover talks with Apollo
// THG ends discussions with Apollo about a possible takeover
// The group said there was “no longer any merit” in talks and said the firm had undervalued the groupTHG has terminated talks with Apollo Global Management about a possible takeover, saying the firm had undervalued the group.
The Lookfantastic and Myprotein owner said on Friday there was “no longer any merit” in continuing to engage with the private equity firm.
“Consideration and rejection of the i
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