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Mike Ashley's Frasers Group takes £10m stake in online retailer THG

By The Guardian   |   Oct 11, 2024 at 04:35 AM EST
Mike Ashley's Frasers Group takes £10m stake in online retailer THG

THG raises £95.4m for Ingenuity demerger with investors like Mike Ashley's Frasers Group. This move will enable THG to separate its technology arm and focus on its beauty and nutrition businesses for future growth and dividends.

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