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flag UK e-commerce firm THG plans to spin off its technology platform, THG Ingenuity, to streamline operations and enhance shareholder value.

flag UK e-commerce firm THG plans to spin off its technology platform, THG Ingenuity, to streamline its operations and enhance shareholder value. flag This move follows the conclusion of an investment deal with SoftBank. flag If approved by shareholders, THG will focus solely on its Beauty and Nutrition divisions. flag The company also aims to transfer its shares to the Equity Shares Commercial Companies segment on the London Stock Exchange to improve liquidity and index inclusion prospects.

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