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ACCELL GROUP (ACGPF)

Other OTC - Other OTC Delayed Price. Currency in USD
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55.000.00 (0.00%)
At close: 12:03PM EST
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Trade prices are not sourced from all markets
Previous Close55.00
Open55.00
BidN/A x N/A
AskN/A x N/A
Day's Range55.00 - 55.00
52 Week Range39.91 - 67.05
Volume5
Avg. Volume20
Market CapN/A
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters

    KKR consortium makes offer for bike maker Accell unconditional

    A consortium led by buyout firm KKR has made its offer to buy Accell Group unconditional, it said on Friday, in a deal that values the maker of Sparta, Batavus and Raleigh at 1.56 billion euros ($1.66 billion). After receiving 77.8% of shares, the consortium said it would waive a condition of needing to reach an 80% threshold of shares tendered to its 58 euro per share offer for the deal to go through. The deal is the latest sign of rising investor interest in the e-bike industry, after Dutch bike firm Van Moof raised $128 million from Hillhouse Capital last year to fund its U.S. expansion, and Cerberus Capital Management made an unsuccessful bid for Canada's Dorel Industries.

  • Motley Fool

    Sparta, Raleigh Bike Maker Sells for Almost $2 Billion on Cycling Surge

    In the world of finance, everyone gets to wheel and deal. But only a chosen few get to deal in two-wheelers. A private equity consortium led by New...

  • Reuters

    UPDATE 2-KKR buys Sparta, Raleigh bike maker Accell for $1.77 bln

    A consortium led by buyout firm KKR has agreed a takeover of Accell Group that values the maker of bicycle brands such as Sparta, Batavus and Raleigh at 1.56 billion euros ($1.77 billion), they said Monday. The deal is the latest sign of rising investor interest in the e-bike industry, after Dutch bike firm Van Moof raised $128 million https://www.reuters.com/business/autos-transportation/dutch-e-bike-maker-van-moof-raises-128-million-expand-2021-09-01 from Hillhouse Capital last year to fund its U.S. expansion, and Cerberus Capital Management made an unsuccessful bid for Canada's Dorel Industries. The cash offer of 58 euros per share in cash represents a premium of 26% over Accell's closing price on Jan. 21 and a premium of 42% over its three-month volume-weighted average price, the statement said.