Former Tesco boss Sir Terry Leahy has lost £30m on THG (The Hut Group) since its stock market debut as shares fell further on Wednesday and analysts slashed their forecasts.
Sir Terry, who has been spearheading the private equity takeover of Morrisons, was originally one of the major winners of the former market darling’s £5.4bn float last year.
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NAM Implications:
- Win a few, lose a few.
- The key is being in and staying in the game!
