Kelso Group increases its stake in THG amid takeover rumours

As a result, the company's stake in THG - held via a mix of ordinary shares and CFDs - rose to eight million shares. The activist investor said one the key drivers for increasing its shareholding was the "significant value" of THG's nutrition business, comprising of food supplement company MyProtein. Private equity firm makes preliminary buyout bid for THG amid PE deal resurgence Kelso Group believed there is room for THG to take advantage of the "shift in consumption away from chocolate and sugar to health and nutrition". The company explained the market capitalisation of the t...