SoftBank’s vote of confidence for THG is deal-making on steroids

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SoftBank’s vote of confidence for THG is deal-making on steroids
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Markets find hard to value Hut Group but Japanese bank seems to like the look of it

The Hut Group founder, Matthew Moulding.Last modified on Mon 10 May 2021 20.17 BST, has been as high as 800p and closed on Monday a shade below 600p. In other words, it is a business the market finds hard to value, which is perhaps not surprising since there aren’t many like it.

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