The Hut Group ponders £4bn share sale

The Hut Group to open Manchester space to showcase beauty brands ...

Online powerhouse The Hut Group is in talks with potential investors about a sale of shares that could value it at as much as £4bn.

The Hut Group, which sells categories including health and beauty and provides other businesses with digital platform services, could opt for an IPO or private investment, Sky News reported.

The retailer has held conversations with possible investors including a Singaporean sovereign wealth fund, Baillie Gifford, Capital Research Group, Dragoneer Investments and TSG Consumer, according to the broadcaster.

Read the full article here – retail-week.com