UK's THG to raise $1 billion; SoftBank unit to fund large portion

3 years ago
Anonymous $OlGJJXacOb

https://www.reuters.com/article/us-thg-fundraising-softbank-group/uks-thg-to-raise-1-billion-softbank-unit-to-fund-large-portion-idUSKBN2CR2HN

THG Plc is raising $1 billion in fresh capital, including about $730 million from a unit of SoftBank Group, and the remainder from other investors, the UK-based consumer brands company said on Monday.