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Chris Horton, Jennifer Engelhardt, Haya Aftab, Kelsey Glover
January 24, 2026
Latham & Watkins Advises on THG’s US$1 Billion Capital Raise
1 min
AI-made summary
- Latham & Watkins is advising the bookrunners on the placement of new Ordinary Shares by THG, a technology platform focused on direct-to-consumer brands
- The transaction also involves a concurrent subscription for new Ordinary Shares by SBM, a subsidiary of SoftBank Group Corp
- Due to strong demand, the placement was upsized, raising gross proceeds from US$270 million to approximately US$320 million
- The Latham team is led by London corporate partners Chris Horton and Jennifer Engelhardt.
Latham & Watkins is advising the bookrunners on the placing of new Ordinary Shares by THG, the proprietary technology platform specialising in taking brands direct to consumers globally. The transaction includes a concurrent subscription for new Ordinary Shares by SBM, a subsidiary of the SoftBank Group Corp. Following strong demand in the bookbuild, the Placing was upsized, increasing the gross proceeds from US$270 million to approximately US$320 million. The Latham team was led by London corporate partners Chris Horton and Jennifer Engelhardt, with associates Haya Aftab and Kelsey Glover.~~
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Chris Horton, Jennifer Engelhardt, Haya Aftab, Kelsey Glover
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