25th Oct 2018 14:09
LONDON (Alliance News) - Halfords Group PLC has ended its pursuit of Evans Cycles, having tabled a bid in September, Sky News reported Thursday.
This paves the way for JD Sports Fashion PLC and Sports Direct International PLC to vie for the struggling bike retailer.
According to Sky News, Halfords has decided to focus on its existing Cycle Republic and Tredz cycling brands.
https://news.sky.com/story/halfords-puts-brakes-on-rescue-bid-for-evans-cycles-11535169
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