Flight Centre offloads 99 Bikes parent Pedal Group to Turner family consortium for $61.7m

Travel services giant Flight Centre Travel Group (ASX: FLT) is offloading its 47 per cent stake in Pedal Group, Australia's largest bicycle company and operator of the 99 Bikes retail chain, to a consortium associated with managing director Graham Turner and his family for $61.7 million.

The…


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