You are reading a single comment by @gbj_tester and its replies.
Click here to read the full conversation.
-
Those figures don't make sense.
The cyclingtips drone copied the original bikebiz article incorrectly. €85m seems to be somebody's valuation of Bike24. As this is one private equity firm selling to another (Riverside to Bridgepoint), there's not the transparency you'd see in a listed company transaction.
Those figures don't make sense.
The owners of Bike24 are unlikely to sell for less than 2 years profit,
suggesting the prediction of 'Euro85M profits boost' is fantasy.