Health & Beauty

SoftBank offloads THG stake to founder Matt Moulding

As a result of offloading its stake, the Japanese technology investment group has reportedly suffered a loss of £450m

Tokyo-based investment management company, Softbank Group, has reportedly offloaded its entire stake in the UK ecommerce company THG, after its co-founder and chief executive, Matt Moulding, agreed to buy the remaining 12.8m shares. 

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