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Cinven linked with JJB buyout

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Cinven, the private equity group which owns health club chain Fitness First and bingo group Gala, has been linked to a £600m bid for retailer and fitness chain JJB Sports.

Cinven was also thought to have joined a consortium that intended to table a bid for Saga, the over-50s holiday provider – the company which has since been acquired by rival Charterhouse.

Cinven declined to comment on both deals.

JJB Sports operates 20 health clubs around the UK, while Cinven’s Fitness First chain recently opened its 150th club in London. It now operates 45 clubs in the capital.

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Cinven, the private equity group which owns health club chain Fitness First and bingo group Gala, has been linked to a £600m bid for retailer and fitness chain JJB Sports.
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