Banks set price on red hot Hut Group IPO

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By Sam Kerr
10 Sep 2020

Banks set the price on the IPO of The Hut Group (THG) on Thursday, a listing that has proved popular with investors, who predict “ridiculous” demand for the deal.

CitigroupJP MorganBarclays, and Goldman Sachs are global co-ordinators on the IPO. HSBCJefferies and Numis Securities are bookrunners. Rothschild is financial adviser to the company.

The Hut Group will sell shares at a fixed price of £5 a share. The transaction will be split between new shares ...

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