THE WHAT? THG has confirmed a non-binding acquisition proposal from private equity business Apollo Global Management, sending shares soaring as much as 47 percent.
THE DETAILS Apollo now has until 15th May to make a firm offer, according to a statement by THG.
Details of the initial proposal were not disclosed.
THE WHY? Beleaguered THG Group has had a difficult journey since it listed in 2020, culminating in the company announcing a strategic review of its loss-making businesses outside of its core beauty, nutrition and Ingenuity platforms.
THG has also forecast lower than expected profit in its full-year results to be reported next week.
Buying aesthetics supplies typically involves sourcing these items from licensed distributors, manufacturers, or specialized suppliers who cater specifically to the needs of aesthetic professionals. These supplies are integral to performing aesthetic treatments aimed at enhancing skin appearance, addressing various skin concerns, and improving overall beauty and wellness.
Examples of aesthetics supplies include:
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Dermal Fillers: Injectable substances used to add volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
