Dutch Bike Firm Accell Handed to Lenders as KKR Admits Defeat

KKR & Co is set to hand ownership of Accell Group to its lenders, just a year after a debt restructuring gave the beleaguered Dutch bicycle company hopes of a...

By Libby Cherry, Constantine Courcoulas · Bloomberg Markets

KKR & Co is set to hand ownership of Accell Group to its lenders, just a year after a debt restructuring gave the beleaguered Dutch bicycle company hopes of a fresh start.