Confirmed: Walmart heirs complete £200m Rapha takeover

RZC Investments finalises its purchase of Rapha in £200m deal

The race to buy British cycling brand Rapha is over after the heirs to the American supermarket chain Walmart completed a deal with the evaluation thought to be around £200m.

RZC Investments, a company set up by Steuart and Tom Walton, the grandsons of Walmart-founder Sam Walton, has completed its purchase after reports emerged on August 7.

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