BlackRock-backed online retailer The Hut Group (THG) has confirmed its intention to proceed with an initial public offering to raise gross proceeds of around £920m.
Existing investors including Softbank and Lakestar reinvest in the tourism booking platform
Andera has reinvested and Prenax has acquired LM Information's subscription management business
Sale ends a six-year holding period for KCP, which backed the company with a £3.3m investment
Danish internet company could reportedly be listed at a valuation of $1bn