
UK - LA Fitness buys Crown Sports
The directors of Crown Sports and the board of the LA Fitness, a Mid-Ocean Partners portfolio company, have announced that they have reached agreement on the terms of a recommended cash offer for the entire issued and to be issued share capital of Crown Sports. The offer will be 13.2 pence in cash for each Crown Sports share, valuing the entire issued share capital of Crown Sports at approximately £38.4m.
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