Health & Beauty
THG rejects ‘undervalued’ takeover offer for Myprotein
Selkirk’s proposal ascribed a headline value to Myprotein of between £400m and £600m on a cash-free, debt-free basis
THG’s board has confirmed that it received and rejected an “unsolicited, largely unfunded, highly conditional and non-binding” proposal from Selkirk to acquire Myprotein following recent speculation surrounding the potential deal.
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