Halfords tables offer for Evans Cycles

It's being reported by Sky News that Halfords has made an offer for the struggling Evans Cycles chain.

Halfords was amongst a number of bidders that presented offers for bike chain earlier this week.

Halfords has declined to comment.

Evans needs find more than £10 million to see it through the next few months of trading, Sky News says.

Halfords has a market capitalisation of £669 million. 

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