BUSINESSTHE GUARDIAN WORLD
Brompton sells stakes to Decathlon and Chinese Labubu backer
Brompton, a British folding bike maker, sold stakes to Decathlon and BA Capital, a Chinese investment group associated with Labubu. The investments aim to support recovery in the cycling market following a sales slump. Decathlon acquired a 10% stake, and BA Capital secured 5%, with the deal valued at approximately £18 million.
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