Deal snapshot: Peloton Closes USD 420m Acquisition of Commercial Fitness Equipment Provider Precor.

MANews-(C)2009-2021

New York-based interactive fitness platform Peloton (NASDAQ: PTON) has closed the acquisition of Seattle-based commercial fitness equipment providers Precor for USD 420m, the company said.

With the acquisition, Peloton plans to establish US manufacturing capacity, boost research and...

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