Softbank to invest up to $2.3 billion in UK ecommerce group THG

Softbank to invest up to $2.3 billion in UK ecommerce group THG

3 years ago
Anonymous $OlGJJXacOb

https://www.reuters.com/article/us-thg-fundraising-softbank-group/softbank-to-invest-up-to-2-3-billion-in-uk-ecommerce-group-thg-idUSKBN2CR2HN

(Reuters) -British ecommerce group THG Plc is to raise $1 billion in fresh equity, including $730 million from Softbank Group, which has an option to investor a further $1.6 billion in the group, the British company said on Monday.