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Dorel shares surge with deal to sell sports segment for US $810 million

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Dorel shares surge with deal to sell sports segment for US $810 million

Dorel Industries Inc. shares surged a day after it announced a US$810-million deal to sell its bicycle segment Dorel Sports that makes brands such as Cannondale, Mongoose and Schwinn to Dutch mobility group Pon Holdings B.V.

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Dorel shares surge with deal to sell sports segment for US $810 million

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Dorel shares surge with deal to sell sports segment for US $810 million

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