MARKET REPORT: Hut Group shares rocket after £1.6bn Softbank tie-up

Almost £700million was added to the value of The Hut Group (THG) after it signed a £1.6billion tie-up with Japanese technology powerhouse Softbank. Investors cheered the news, sending its stock rocketing as much as 15 per cent in early trading. And the deal was greeted warmly by analysts too. THG announced after the market shut on … Read more

Hut Group in £1.6bn tie-up with Japanese conglomerate Softbank

Hut Group in £1.6bn tie-up with Softbank: Japanese firm to become top shareholder and use e-commerce tech By Daily Mail City & Finance Reporter Published: 21:50 BST, 10 May 2021 | Updated: 22:02 BST, 10 May 2021 The Hut Group (THG) last night agreed a £1.6billion tie-up with a Japanese conglomerate. Under the deal, Softbank … Read more