Processing timeline
22
days
Acquirer
Turner Family Entities
Target
Pedal Group
Other parties
None listed
The Turner Family Entities are increasing their shareholding in Pedal Group Pty Ltd, a bicycle and e-bike retailer and wholesaler. This share transaction involves acquiring 20.32% from Flight Centre Travel Group Limited and Pedal Group buying back Flight Centre's remaining 26.68%. The Turner Family Entities' stake will rise to 77.23%.