The Hut Group gets £125m equity investment

Matthew Moulding
Online health and beauty specialist The Hut Group has received a £125m equity investment by Old Mutual Global Investors. In deal brokered by Zeus Capital, OMGI with £29bn under management made Cheshire-based THG its first private sector transaction as it sought to broaden its investment abilities. It followed news  that THG was putting the £125m stake in its business up for grabs. THG, led by founder Matthew Moulding, is fast becoming the world’s most influential online retail organisation. In the year to December 31... For the full story register now for free or login below...