(Bloomberg) — SoftBank Group Corp. has offloaded its stake in struggling British online shopping firm THG to founder Matthew Moulding and Qatar Investment Authority, after its shareprice has collapsed over the past year.
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The share sales marks the end of the investment by SoftBank, which began in May 2021, after becoming a cornerstone investor in THG as part of a $1 billion fund raise.
Investment vehicle SB Northstar…