A British bank, Craven House Capital, has bought a 49...

2014-04-22T00:00:00

A British bank, Craven House Capital, has bought a 49 percent stake in The Bicycle Company (TBC), the exclusive South African distributor of Trek bicycles and Craft outdoor clothing, with cash and shares. The new owners hope that TBC will attract other brands that wish to enter the South African ...

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