Bike 24 offers discount in tricky IPO market

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Bike 24 offers discount in tricky IPO market

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BRJTAA A road biker rides up East Canyon at sunset near Salt Lake City, UT. | Alamy Stock Photo

Bike 24, the German online cycling shop, has set the price range for its IPO on the Frankfurt Stock Exchange, offering a hefty discount to online fashion retailer Zalando amid intense competition for the attention of investors in a crowded market for new listings in Europe.

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