LONDON: United Kingdom e-commerce operator THG Plc is raising US$1bil (RM4.12bil) for future deals, with Japan’s SoftBank Group Corp – one of the world’s biggest tech dealmakers – becoming a cornerstone investor.
THG, which operates websites that sell beauty and nutrition products, including Myprotein.com and Coggles.com, is also buying the United States beauty company Bentley Laboratories for US$255mil (RM1.05bil), according to a statement.
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