The deal comes amid a flurry of M&A transactions in the run up to the end of 2020.
December 23, 2020 at 06:06 AM
1 minute read
Senior Reporter
Kirkland & Ellis, Allen & Overy and Fenwick & West have taken roles on interactive fitness platform Peloton’s acquisition of fitness equipment provider Precor.
The deal, which will see Peloton purchase Precor for $420 million, is set to boost Peloton’s U.S. manufacturing capacity, boost research and development capabilities, the company said in a statement.
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Peloton (Photo: Shutterstock.com)
