LONDON :British e-commerce company THG said it had rejected"numerous" approaches in recent weeks that failed to reflect its value as it warned inflationary pressure would result in broadly flat earnings this year, missing market forecasts.
"The board has concluded that each and every proposal to date has been unacceptable, failing to reflect the fair value of the group, and confirms that THG is not currently in receipt of any approaches," he said on Thursday.
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