Frasers Group in talks to acquire THG’s ProBikeKit

// Frasers Group is set to acquire cycling goods specialist ProBikeKit
// The group is close to securing a deal with THG for the brand’s stock and intellectual property assetsFrasers Group is in advanced talks to acquire THG-owned cycling goods specialist ProBikeKit.
The group is understood to be close to securing a deal for the brand’s stock and intellectual property assets, Sky News reported.
Sources said the acquisition of the cycling clothing and accessories retailer could b