Friday, 9 December 2011

Wiggle sold for $275,000,000

Here's some news for all you riders out there who have ever purchased something from wiggle.co.uk.

Cycling Tribe has reported that Wiggle, the privately owned online cycling and sports goods retailer, has been sold to private equity group Bridgepoint in a deal valuing the company chaired by former Asda chief executive Andy Bond at £180m ($275m AUS).

Read the full article here: http://www.cyclingtribe.com/blog/post/show/id/422-Online-retailer-Wiggle-purchased-for-180-million

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