// On Tuesday, THG posted £500 million in operating losses, just hours after it received a preliminary offer from private equity giant Apollo Global Management, causing its share price to surge 43%.
The big question is whether founder Matt Moulding and the THG board that would accept an offer if one materialises.
// To find out more, visit Retail Gazette’s sister site, Charged Retail
Even with the share price surge this week, THG is still has a market cap of just £1.2bn – a fraction of its £5.4bn IPO.
But what is the company really worth now?
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