Insight Business Support Plc (GB:KLSO) has released an update.
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Kelso Group Holdings PLC, a main market listed acquisition vehicle, expresses strong support for THG Plc’s strategic move to demerge its Ingenuity division and the associated share placing. Kelso, holding a significant stake in THG, is confident that the demerger will enhance the value of THG’s remaining businesses, THG Beauty and MyProtein, and plans to participate in the share placing. The company prides itself on investing in undervalued UK stock market opportunities, aiming to realize the potential of businesses whose parts may be worth more than their current market valuation.
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