A spanner has been thrown into the Madison MBO works. The £25m buy out by Bowles/Langan/Walmsley and a H Young plc bod should have gone through today, but now won't

Madison MBO delayed

Full details will be posted here soon but, in short, a large H Young shareholder has objected to the MBO, halting it.

Madison insiders say the spanner throwing will delay the MBO, but not derail it.

In other news...

Wheel brand Parcours and technology company Classified announce long-term technical partnership

British wheel brand Parcours and Belgian technology company Classified Cycling have announced a long-term technical …