Raleigh Cycle sold to Accell for $100m

[numbnuts]

http://www.telegraph.co.uk/finance/...16/Raleigh-Cycle-sold-to-Accell-for-100m.html
I wonder how many jobs will be lost and will the name Raleigh carry on

 

[User169]

http://www.telegraph.co.uk/finance/...16/Raleigh-Cycle-sold-to-Accell-for-100m.html
I wonder how many jobs will be lost and will the name Raleigh carry on

I doubt the name will go. Why else would they have bought it if not for the brand?

 

[Davidc]

With Dutch buyers it could mean more jobs. Certainly will mean the profits leave the UK though.