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.