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THG rejects unsolicited bid for Myprotein

Beauty and tech conglomerate THG has said it has rejected a wholly unsolicited and “largely unfunded” acquisition proposal for Myprotein, a bodybuilding supplement brand. The offer, which was put forth by acquisition group Selkirk, amounted to between 400 and 600 million pounds and was to be paid via a combination of newly issued Selkirk shares,...

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