The Hut founder Moulding adds to stake as SoftBank bails out

Matt Moulding

Source: Peter Searle

Matt Moulding has increased his shareholding in THG – formerly The Hut – after investor SoftBank unloaded its shares at below the etailer’s IPO valuation.

THG founder Moulding and investor Qatar Holding (QIA), also an existing shareholder, bought SoftBank’s holding for approximately £31m. 

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