HomeCity AM bought to ecommerce group THG

City AM bought to ecommerce group THG

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commerce enterprise THG, greatest recognized for its protein and sweetness manufacturers, has purchased London freesheet City AM, in a shock swoop that saves the newspaper from administration.

All of City AM’s 40 workers will be part of THG, whereas co-founder and longtime CEO Jens Torpe will retire.

THG’s current enterprise of protein and make-up is much from the world of newspapers, although it does run a collection of newletters and founder Matthew Moulding has hit out at how the press covers his firm up to now.

Content Source: www.normal.co.uk

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