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Cycling Weekly
Cycling Weekly
Sport
Tom Davidson

Wiggle administrators in discussions with ‘a number of interested’ buyers

WiggleCRC Mike Ashley Frasers Group FRP Advisory ssu
Female cyclists on the road.

Wiggle Chain Reaction Cycles (WiggleCRC) is already in discussions with a number of parties interested in acquiring the business. 

The group filed for administration last Tuesday, just a week after its parent company, Signa Sports United (SSU) lost €150million (£130million) in financing guarantees. 

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