THG to demerge Ingenuity arm to simplify business model as it sets sight on FTSE
THG is set to demerge its Ingenuity arm as it simplifies its business model as a consumer beauty and nutrition group and targets inclusion in the FTSE UK Index by March 2025.
In an announcement to the London Stock Exchange, the ecommerce giant said work was underway to demerge its digital solutions arm.
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