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Cycling Weekly

Sport

Adam Becket

Sports Direct owner Mike Ashley set to take over cycling retailer ProBikeKit

Sports Direct THG Frasers Group Evans Cycles Sky News

Mike Ashley

Mike Ashley is set to take control of cycling retailer ProBikeKit, as his Frasers Group is in talks to acquire the brand from THG, according to reports.

The group, which also owns Sports Direct, is expected to takeover ProBikeKit through its Evans Cycles subsidiary, Sky News reported this week. The deal is expected to go through by the end of this week.

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