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Cycling Weekly
Cycling Weekly
Sport
Tom Davidson

Wiggle sale revealed to be £3m to second-best Frasers Group

Wiggle Frasers Group Intellectual Property Bridgepoint FRP Advisory ssu
Wiggle logo on a green background.

Online retailer Wiggle Chain Reaction Cycles was acquired for just £3m plus VAT by Mike Ashley's Frasers Group earlier this year.

The deal, which completed on 22 February, made headlines in March, when it was reported to be worth "less than £10m". 

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